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Advance America to Offer Western Union Global P2P Payments

The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement and payments, today announced that it has signed a multi-year agreement with Advance America, a leading provider of consumer financial services including in-person and online loans, to offer Western Uniona??s global digital and retail person-to-person (P2P) payments, bill pay and money order services.

Advance Americaa??s online portal and retail infrastructure will connect with Western Uniona??s platform capabilities and with it gain access to a leading global financial network bridging more than 200 countries and territories and over 130 currencies. Online services will enable customers to access services 24/7; while retail services at 1400 Advance America locations will provide customers with the choice to stage the transaction online and pay in-person or conduct the entire transaction at store.

By using Western Union, Advance Americaa??s customers will have the option of their money transfer being paid into billions of bank accounts, millions of digital wallets, and cards across 120 countries, or over half a million retail locations in over 200 countries and territoriesi. Within the U.S., funds may be paid into U.S. bank accounts or picked up from more than 54,000 Western Union locations coast-to-coast. Western Union services at Advance America are planned to go live in mid-2021.

Jean Claude Farah, President, Global Network at Western Union, said, "Our companies share a common purpose, enabling millions of financial connections for our customers. Together, we are enhancing our domestic and international money transfer services to include more convenience, with digital services and a streamlined retail customer experience.a??

Matt Brown, Head of National Accounts, Western Union Global Network, Americas, said, "We welcome Advance America and commit to bringing the best of our capabilitiesa??expertise, scale and a sophisticated platform that moves currencies across bordersa??to serve Advance Americaa??s customers in the manner that is most convenient to them.a??
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