Friday, December 23, 2005

Western Union reaches 250,000 milestone

First Data Corp.'s flagship subsidiary, Western Union Financial Services, announced Wednesday that it's reached a milestone and a 2005 goal by establishing a global agent network that exceeds 250,000 locations.

The offices of Western Union's subsidiary, Orlandi Valuta, are included in the tally. Together, the two money-transfer companies have offices in more than 200 countries and territories.

First Data's Payments Services division includes Western Union and contributes nearly 40 percent of the company's revenues. This year, Western Union added Norway and Palau to its list of countries.

Western Union completed 97 million consumer money-transfer transactions in 2004.

posted by Tata @ 12/23/2005 11:38:00 AM   0 comments  

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