Tag: Western Union

A Seventh Agent in Cameroon: Western Union expands its network by signing with Cameroon Post (CamPost)

Western Union, a worldwide leader in money transfer services, announces the expansion of its network in Cameroon with the launch of its new Agent Representative: the Cameroon Post Office (CAMPOST). This helps Western Union improve its distribution in Cameroon. The Cameroon Post is one of six other Agent Representatives: Cofinest; Société Générale de Banque au Cameroun; Banque Internationale du Cameroun pour l’Epargne et le Crédit; Crédit Lyonnais Cameroun; Ecobank and Commercial Bank of Cameroon.

This new signing is an important milestone for Western Union Africa taking into consideration that Cameroon is a key market in Africa. The Post Office network, widely present in Cameroon, started in August 2006 offering the Western Union Money Transfer® service in 7 locations. Twenty-Five locations are expected to offer the service before the end of 2006 with a total potential of 150 Post Office locations.

Through the expansion of the Western Union network, more people will be able to conveniently access a fast and reliable money transfer service. The cooperation with CAMPOST will increase the number of locations and will enable Western Union to approach traditional mail service customers with their product. On the other hand, CamPost customers – especially in the countryside – will benefit from the extra convenience and ease of collecting money sent from family and friends abroad in the postal branches closest to them.

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Western Union Signs Multi-Year Deal With Australia Post

First Data Corp. (NYSE: FDC), a global leader in electronic commerce and payment services, today announced that its Western Union Financial Services subsidiary has signed a multi-year contract with Australia’s national postal service. Australia Post, which currently issues Western Union International Money Orders(R), will begin offering Western Union Money Transfer(R) services in each of its approximately 3000 on-line locations by the end of 2002.

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