In the UK, the agreement will make Western Union money transfer available on PayPoint’s in-store terminals at sites providing the service, as well as they will serve as base for future launch of additional Western Union products.
In Romania, the Western Union money transfer service will be implemented over time into suitable sites across the PayPoint network of convenience stores in urban and rural areas, where it will be provided via PayPoint’s point of sale terminals.
Western Union said the the agreement is the key development in their relationship with PayPoint, which was started in early 2009.
PayPoint handles more than $15.92bn annually from nearly 570 million transactions annually for more than 6,000 clients and merchants, through a combination of local shops, internet and mobile distribution channels.
