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    InPost delivers Western Union money transfers

    Press release
                                                                                                                                                                                                                                            Cracow, 22nd November, 2012


    InPost delivers Western Union money transfers


    InPost Finanse – an independent financial operator of Group strengthens its position in the cash benefits sector. The company has signed a contract with Western Union, a global leader in international money transfers, operating in Poland for over 20 years. Upon that contract, Western Union money transfers will be delivered for free directly to the clients. This is the first such solution in the Polish financial services market.


    This new form of delivering Western Union money transfers by InPost deliverers will available in 40 major Polish cities. The area will be systematically expanded in the following years to facilitate an access to money transfers for people living in smaller towns.


    We do not only intensify our activities in the postal sector. For many years we have been also developing the market niche in the financial sector. The synergy of InPost and InPost Finanse based on an extensive network of Customer Service Points, multi-million customer base and technological and logistics resource base determine our market advantages. We are the first company in Poland delivering Western Union money transfers directly to the recipients”, says Rafał Brzoska, CEO of InPost Finanse.



    Western Union is constantly enhancing its products, giving consumers a greater choice and convenience. We combine the traditional strengths of our company - the world-famous brand and a very strong market position in more than 200 countries and territories - with new capabilities in the services offered. We want to meet the needs of today's consumers who wish to have access to a wider range of options within the various distribution channels and technology. Our goal is to introduce new solutions that enable using services provided by Western Union. By working with InPost consumers throughout Poland will have access to new services enabling to send and receive money without leaving home "- says Konrad Olszaniecki, Western Union.


    InPost Finanse cooperation with Western Union will enable to reach those consumers who find it difficult to visit Western Union service points”, adds Mariusz Dubowski, CFO InPost Finanse.



    InPost Finance Contract with Western Union, a global leader in money transfer is part of the Group's strategy, which aims to develop its financial services available at Customer Service Points. Cooperation with Western Union assumes sending and receiving money transfers at 100 InPost Customer Service Points initially. On the other hand, in the coming months of 2012, the company will offer a comprehensive range of Western Union cash deposit and withdrawal services.


    InPost Finanse – general information


    InPost Finanse – an independent financial and insurance operator, operating in the Polish market since 2007. The company constantly strengthens its market position based on the very well prepared and managed network of InPost branch offices, and using logistics and human potential of Group.


    InPost Finanse – within increasing the service availability, the company also takes over facilities being a part of small franchise networks as well as uses operating cash points, namely: housing associations, waterworks, gasworks, power plants.


    InPost Finanse operating activity is based on an advanced computer system. The modern software enables to its customer bulk cash withdrawals, money transfers, and bill payments. Moreover, the system allows to conduct some lending activities directed to the mass customer as well as support banking operations.


    Western Union


    Western Union (NYSE: WU) is a leader in payment services on a global scale. Western Union offers fast, reliable and convenient ways to send and receive money around the world for individual and business customers, as well as payments and sending money transfers including the payment services offered under the brand names of Vigo, Orlandi Valuta, Pago Facil and Western Union Business Solutions. As of 30 September 2012, the services under the brands Western Union, Vigo and Orlandi Valuta were offered within the combined network of about 510 thousand. locations in more than 200 countries and territories around the world. In 2011, Western Union carried out 226 million transactions among consumers around the world, estimated at $ 81 billion, and completed 425 million business payments.


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