Western Union Launches My WU Prepaid Card Jointly with Lottomatica (GTECH S.p.A) and MasterCard in Italy

  Western Union Launches My WU Prepaid Card Jointly with Lottomatica (GTECH
  S.p.A) and MasterCard in Italy

Business Wire

ENGLEWOOD, Colo. -- October 16, 2013

The Western Union Company (NYSE: WU), a leader in global payment services,
together with Lottomatica and MasterCard today announced the launch of the My
WU^® reloadable prepaid card in Italy.

Lottomatica, the brand through which GTECH S.p.A operates in Italy, is one of
the most trusted and well-known brands in Italy, is the first company in
Europe to join the Western Union® Global Share platform. The platform,
announced earlier this year, enables Western Union to introduce new
stored-value solutions in markets around the world by joining forces with
local companies.

The My WU prepaid card is designed to serve the more than 4 million registered
migrant workers in Italy who need convenient access to financial services. The
cards will be available at 15,000 Lottomatica Carta Lis locations throughout
Italy and online at www.wu.com/it/mywu/prepaid. Customers also will have the
option to reload their My WU prepaid cards at more than 22,000 locations and
over 10,000 ATMs across Italy.

“The launch of the My WU card in Italy is part of our global strategy to
leverage our wide-reaching, powerful and trusted brand – along with brands
such as Lottomatica and MasterCard – to better serve the financial needs of
our core customers around the world,” said Diane Scott, Executive Vice
President, Chief Product and Marketing Officer, Western Union. “Through the
Western Union Global Share platform, we look forward to continuing to develop
innovative solutions that address the unmet financial services needs of
customers worldwide, while adding more choices and convenience.”

The My WU card will offer customers in Italy who do not have bank accounts the
ability to send money transfers, receive direct deposits from their employers,
make retail purchases in shops and online outlets that accept MasterCard as
well as to withdraw money from ATMs across Italy. My WU cardholders will also
be able to fund Western Union Money Transfer transactions using their cards at
Lottomatica locations where the service is available, while also benefiting
from the advantages of Western Union’s consumer loyalty program.

“We have created a prepaid card that is primarily targeted at migrant workers
in our country,” said Sergio Signoretti, CEO of CartaLis Imel. “And have made
it available through our retail network. Market research shows that one of the
priorities for migrant workers is access to financial services and to send
money to their home country.”

In 2011, MasterCard and The Western Union Company announced a global agreement
to help make electronic payments, including prepaid cards and money transfers,
more efficient and convenient for consumers around the world. Carlo Enrico,
group executive, strategy and development, MasterCard, said, “We view the
introduction of this service in Italy as a significant advancement in our
joint efforts to support financial inclusion around the world.”

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 June
30, 2013, the Western Union, Vigo and Orlandi Valuta branded services were
offered through a combined network of approximately 520,000 agent locations in
200 countries and territories and approximately 115,000 ATMs. In 2012, The
Western Union Company completed 231 million consumer-to-consumer transactions
worldwide, moving $79 billion of principal between consumers, and 432 million
business payments. For more information, visit www.westernunion.com.

About LOTTOMATICA

LOTTOMATICA is the brand through which GTECH S.p.A, a leading provider of
lottery and gaming technology solutions worldwide, operates in Italy. In
Italy, Lottomatica has exclusive concessions on some games and on both instant
and traditional lotteries and non-exclusive concessions for sports bets and
entertainment devices. Moreover Lottomatica provides services to businesses
and consumers (payment services, reload services, e-money and tickets) through
the subsidiary Lottomatica Italia Servizi. For further information, please
visit www.lottomaticaitalia.it.

About MasterCard

MasterCard (NYSE: MA), www.mastercard.com, is a technology company in the
global payments industry. We operatethe world’s fastest payments processing
network, connecting consumers, financial institutions, merchants, governments
and businesses in more than 210 countries and territories. MasterCard’s
products and solutions make everyday commerce activities – such as shopping,
traveling, running a business and managing finances – easier, more secure and
more efficient for everyone. Follow us on Twitter @MasterCardNews, join the
discussion on the Cashless Pioneers Blog and subscribe for the latest news on
the Engagement Bureau.

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Contact:

Western Union
Kristin Kelly, +1 720-332-4751
kristin.kelly@westernunion.com
 
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