Industry-leading cards recognized for low fees, innovative features
ENGLEWOOD, Colo.--(BUSINESS WIRE)--
Beginning this week, two industry-leading Western Union prepaid cards
will be available at more than 7,400 Family Dollar locations in 45
Western Union (NYSE: WU) and Family Dollar Stores, Inc. (NYSE: FDO) are
now offering the award-winning Western Union® Gold Card MasterCard and
the Western Union® Telemundo MasterCard at Family Dollar stores
throughout the U.S. Western Union and Telemundo created the co-branded
card to better serve Hispanic consumers, the fastest- growing consumer
segment in the U.S.
“Customers – both our own and those of some of the leading prepaid
programs in the market – have told us they are highly satisfied with our
cards,” said Mike Hafer, Senior Vice President, Global Prepaid, Western
Union. “They see our cards as an easy, affordable way to manage their
finances, with no monthly, transaction or overdraft fees. We’re pleased
to join forces with retailers around the world like Family Dollar to
introduce innovative and unique prepaid solutions.”
“Western Union’s prepaid cards align with Family Dollar’s strategy of
providing customers with great value and convenience,” said Paul White,
Family Dollar’s Executive Vice President and Chief Merchandising
Officer. “We believe that the cards will appeal to our current
customers, as well as attract new customers to our stores.”
Both of the cards can be used anywhere debit MasterCard is accepted,
including at ATMs and for online shopping. Cardholders can “top up” or
reload their cards four ways:
At more than 60,000 retail locations, including Family Dollar stores
and 46,000 Western Union Agent locations throughout the U.S.
Via payroll or government benefits direct deposit;
Directing a Western Union Money Transfer® directly onto the card;
Transferring money to the card from a bank account.
Western Union’s general-purpose reloadable (GPR) cards have won five
PayBefore Awards in the last two years, including best overall GPR
program (Western Union® MoneyWise Prepaid MasterCard) and best consumer
value (Western Union Gold Card Prepaid MasterCard) in 2012.
To learn more about Western Union’s prepaid cards, visit www.wuprepaid.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. As of September 30, 2012, the Western Union, Vigo
and Orlandi Valuta branded services were offered through a combined
network of approximately 510,000 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 425 million business payments. For more
information, visit www.westernunion.com.
About Family Dollar
Beginning with one store in Charlotte, North Carolina, in 1959, the
Company currently operates more than 7,400 stores in 45 states. Family
Dollar Stores, Inc., a Fortune 300 company, is based in Matthews, North
Carolina, just outside of Charlotte and is a publicly held company with
common stock traded on the New York Stock Exchange under the symbol FDO.
For more information, please visit www.familydollar.com.
Source: Western Union