4th Oct 2011 09:40
4th October 2011
Earthport plc (the "Company" or the "Group")
Earthport Live with Western Union
Earthport plc, the global payments utility, is pleased to announce that it has contracted, integrated and is processing live transactions for a Western Union "direct to bank" solution.Under the terms of the contract Earthport will provide payments processing capabilities for a Western Union service providing international money transfer. The service will initially be launched from selected Western Union agent locations and westernunion.com sites worldwide and will allow people to send money directly to any bank account in more than 35 countries.
For further information, please contact:
Earthport plc Hank Uberoi / Zafar Karim
| 020 7220 9700 |
FTI Consulting Jonathon Brill / Alex Beagley
| 020 7831 3113 |
Panmure Gordon Katherine Roe
| 020 7459 3600 |
About Earthport
Earthport plc, is a global payments organisation, specialising in the provision of white-labelled cross border payment services. It provides secure high volume global payments capabilities in 200 countries worldwide. The company was established in 1998, and is regulated through its UK Financial Services Authority (FSA) status and SWIFT membership. Providing a transparent and reliable service, partners include some of the largest financial institutions and corporations in the world. Earthport operates worldwide, with offices in UK, USA and the Middle East. Headquartered in London, UK, Earthport is listed on the Alternative Investment Market (AIM) on the London Stock Exchange. To learn more, please visit www.earthport.com.
About Western Union
The Western Union Company (NYSE: WU) is a leader in global payment services. Together
with its Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions branded
payment services, Western Union provides consumers and businesses with fast, reliable and
convenient ways to send and receive money around the world, to send payments and to purchase money orders. The Western Union, Vigo and Orlandi Valuta branded services are offered through a combined network of approximately 455,000 agent locations in 200 countries and territories. In 2010, The Western Union Company completed 214 million consumer-to-consumer transactions worldwide, moving $76 billion of principal between consumers, and 405 million business payments. For more information, visit www.westernunion.com.
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