ENGLEWOOD, Colo.--(BUSINESS WIRE)--
The Western Union Company (NYSE: WU), a leader in global payment
services, and Dollar General Corporation (NYSE: DG), the nation’s
largest small-box discount retailer, today announced an agreement to
begin offering two Western Union general-purpose reloadable (GPR)
prepaid cards at Dollar General’s more than 10,000 stores in 40 states.
“This agreement builds upon Western Union’s continued expansion of
stored-value solutions focused on strengthening both its relationship
and value proposition with consumers seeking convenient prepaid services
and its relationship with mass-market retailers who want to offer
value-added financial services to customers,” said
Vice President of Global Key Accounts and Business Development for
Dollar General is now offering the industry-leading Western Union® MoneyWise™ and
co-branded Western Union® Telemundo cards.
“Dollar General is proud to broaden our merchandise assortment with the
addition of Western Union prepaid cards,” said
General’s EVP, division president and chief merchandising officer.
“Prepaid cards are growing in popularity as a useful money-management
tool, and we’re happy to offer them in our stores as an added
convenience for our customers.”
“The Western Union Telemundo card has been very successful among
Hispanic consumers,” said
, director, Prepaid Advisory
Service, Mercator. “The card combines two brands Hispanics trust:
Western Union for financial services and Telemundo for information.
Western Union seems to have found the recipe for success in the Hispanic
The cards offer consumers flexible and convenient options for loading
funds, including Western Union Money Transfer® transactions.
Consumers will be able to reload money onto their cards in person at
participating Dollar General locations and at more than 45,000 other
retail locations in the United States, including participating Western
Union Agent locations.
Consumers also can load funds onto their cards through direct deposit of
employer or government benefits, through their bank accounts online or
by directing a Western Union Money Transfer transaction directly onto
Cardholders can use the cards anywhere Debit MasterCard® is
accepted, including online and at ATMs. The cards are protected by the
MasterCard® Zero Liability policy. No credit check or bank account is
required to sign up, and cardholders can manage their card accounts both
online and over the phone. Additional benefits and information are
available at www.westernunion.com.
Western Union currently offers a variety of stored-value solutions
through major retailers and Agents, such as 7-Eleven in the U.S., WH
Smith in the U.K., and AirPak in El Salvador.
Western Union’s GPR cards have won numerous industry awards, including
best overall GPR program (Western Union® MoneyWise Prepaid MasterCard)
and best consumer value (Western Union Gold Card Prepaid MasterCard).
Western Union is recognized as a leader in the industry for its
fee-friendly cards, which, unlike some competitors, have no monthly
maintenance fees, no purchase transaction fees and no overdraft or
late-payment fees. To learn more about Western Union prepaid cards and
associated fees, visit www.wuprepaid.com.
About Western Union
The Western Union Company 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. As of April 24, 2012, the Western Union, Vigo and Orlandi
Valuta branded services were offered through a combined network of
approximately 500,000 agent locations in 200 countries and territories.
In 2011, The Western Union Company completed 226 million
consumer-to-consumer transactions worldwide, moving $81 billion of
principal between consumers, and completed 425 million business payments.
About Dollar General Corporation
Dollar General Corporation has been delivering value to shoppers for
more than 70 years. Dollar General helps shoppers Save time. Save money.
Every day!(R) by offering products that are frequently used and
replenished, such as food, snacks, health and beauty aids, cleaning
supplies, basic apparel, house wares and seasonal items at low everyday
prices in convenient neighborhood locations. With more than 10,000
stores in 40 states, Dollar General has more retail locations in America
than any other retailer. In addition to high quality private brands,
Dollar General sells products from America's most-trusted manufacturers
such as Procter & Gamble, Kimberly-Clark, Unilever, Kellogg's, General
Mills, Nabisco, Hanes, PepsiCo and Coca-Cola. Learn more about Dollar
General at www.dollargeneral.com.
Source: Western Union