ENJOY MOBILE TRANSFERS WITH WESTERN UNION

To introduce mobile remittance services for the unbanked in select markets in the Middle East, Africa and Asia Western Union entered into a partnership with Orascom Telecom, operating six mobile networks with a combined total of 77 million subscribers in Algeria, Pakistan, Egypt, Tunisia, Bangladesh and Zimbabwe.

As of today Western Union is operating primarily through an agent network with more than 355,000 locations in over 200 countries and territories. The mobile money transfer service is available from a number of Western Union agent locations in the US, the Middle East, Asia-Pacific and Europe to Globe Telecom and Smart Communications subscribers in the Philippines.

Western Union established a relationship with Orascom Telecom as a part of its conjoint program with the GSM Association, a global trade association representing over 750 GSM mobile phone operators initiated to facilitate the development of cross-border mobile money transfer services.