Dollar General Now Offering Award-Winning Western Union Prepaid Cards at
10,000 U.S. Locations
ENGLEWOOD, Colo. -- July 19, 2012
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 Carter Hunt, Senior Vice President of
Global Key Accounts and Business Development for Western Union.
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 Todd Vasos, Dollar 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 Tim Sloane, 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 market.”
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 the card.
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
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.
L’Teisha Ryan, +1-720-332-3824
Mike Salop, +1-720-332-8276
Press spacebar to pause and continue. Press esc to stop.