Western Union services now available at 587 additional locations in Mexico

The Western Union Company, and Grupo Elektra, a leading retail and financial services company, announced that 587 Farmacias Benavides locations throughout Mexico are offering Western Union consumer money-transfer services.

Grupo Elektra has offered Western Union services since 1993. The company currently offers Western Union services through 2,000 Agent locations in Mexico, including Salinas y Rocha, Elektra and Banco Azteca.

Farmacias Benavides, a well-recognized and established pharmacy chain in Mexico, offers consumers the option to receive Western Union consumer money transfers at 587 locations in 16 states and 110 cities throughout Mexico. Most Farmacias Benavides locations are open 12 hours a day, seven days a week, and some are open 24 hours.

In addition, the chain plans to roll out the money transfer services of Western Union subsidiaries Orlandi Valuta and Vigo within a year.

“We remain committed to offering additional locations to our consumers in Mexico, and this agreement extends our in-country reach while strengthening our unmatched global Agent network,” said Liz Alicea-Velez, Executive Vice President, Latin America and the Caribbean, Western Union.

With these 587 locations, the total number of Mexico Agent locations offering Western Union, Orlandi Valuta and Vigo services is approximately 13,700.

“Farmacias Benavides is a trusted brand name with reach primarily throughout northern Mexico,” said Carlos Septien, CEO of Grupo Elektra. “By teaming this pharmacy chain with another trusted brand name – Western Union – more and more consumers in Mexico have access to the financial services they need when they want, where they want.”

About Western Union

Western Union, together with its affiliates Orlandi Valuta and Vigo, is a leading provider of global money-transfer services, providing people with fast, reliable and convenient ways to send money around the world, pay bills and purchase money orders through a network of more than 312,000 Agent locations in over 200 countries and territories. For more information, visit www.westernunion.com.

About Grupo Elektra

Grupo Elektra is Latin America’s leading specialty retailer, consumer finance and banking services company. Grupo Elektra sells retail goods and services through its Elektra and Salinas y Rocha stores and sells and markets its consumer finance, banking and financial products and services through more than 1,700 Banco Azteca branches. The Group operates in Mexico, Guatemala, Honduras, Peru, El Salvador, Panama and Argentina.

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