Western Union Takes Majority Stake in Eposs. Pago Electrónico :: e-Payment

Western Union Takes Majority Stake in Eposs


Fecha Lunes, agosto 11 @ 16:07:09
Tema Pago Electrónico :: e-Payment


Western Union Financial Services, a subsidiary of First Data Corp. has purchased a majority stake in Eposs Limited, a Cambridge, UK-based market leader in electronic product delivery and payment solutions for the prepaid cellular, or mobile top-up, entertainment and services market.
Terms of the transaction were not disclosed. The purchase serves as the basis for a strategic relationship in which the companies will use Western Union's and First Data's business relationships to help Eposs expand globally.

This alliance with Western Union will give Eposs a global footprint for its comprehensive range of electronic pre-pay solutions for retailers. Eposs' electronic products are sold in-store through integration with retailers' existing point of sale systems and through advanced multimedia vending machines.

The Eposs relationship complements the Western Union Prepaid Service in the U.S., which provides real-time payments for large mobile carriers through the Western Union Agent network.
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