Western Union signs up Française Des Jeux, 4th Largest National Lottery In The World
December 05 2017 - 10:47AM
Business Wire
FDJ to offer innovative Western Union digital
money transfer services across 31,000 points of sale in France
The Western Union Company (NYSE: WU), a leader in global payment
services, today announced that Française des Jeux (FDJ), the fourth
largest national lottery in the world, will offer Western Union®
money transfers across the globe through a digital service using
the Western Union mobile app and over 31,000 FDJ terminals across
France.
FDJ’s customers can initiate their money transfer via the
Western Union mobile app before proceeding to their preferred FDJ
location to validate and pay. Western Union customers also have the
option to complete the transaction digitally by using their bank
account or credit card via the App.
This collaboration will allow FDJ’s 26 million customers to send
money to more than 200 countries and territories with the choice to
pay out receivers in cash or pay into bank accounts in more than 50
countries.
“We are delighted to be collaborating with FDJ, a nationally
recognized brand. Together, we are developing innovative ways for
our customers to fulfill their money transfer needs and this is
another example of our omni-channel approach gaining traction,”
said Odilon Almeida, President of Global Money Transfer, Western
Union.
“We are bridging the gap between the digital and physical worlds
and strive to give customers the possibility to send and receive
money at anytime, anywhere and in any way, they want,” said
Almeida.
Digital-initiated money transfers remain a high growth area for
Western Union and are expected to be a major driver of overall
market growth in the coming years. In Q3 2017, more than 65 percent
of wu.com transactions were initiated on a mobile device.
“Retail is a significant point of entry for FDJ with more than
95 percent of turnover coming through this channel. Providing our
retailers and customers with access to Western Union – a globally
known brand – to send and receive money internationally is a first,
and it is a momentous step for us and our network,” said Stéphane
Pallez, President and CEO of the FDJ.
“Diversifying new use needs through our retail network is about
simplifying the daily life of our retailers and customers. It also
fulfills our FDJ 2020 strategy, which aims to support the evolution
of customer habits thanks to the modernization of the physical
network and the launch of new services,” said Pallez.
This new collaboration extends Western Union’s footprint and
digital offering in France, where the company already works
together with major players such as La Banque Postale and
Franprix.
About Western Union
The Western Union Company (NYSE: WU) is a leader in global
payment services. Together with its Vigo, Orlandi Valuta, Pago
Facil and Western Union Business Solutions branded payment
services, Western Union provides consumers and businesses with
fast, reliable, and convenient ways to send and receive money
around the world, to send payments and to purchase money orders. As
of September 30, 2017, the Western Union, Vigo and Orlandi Valuta
branded services were offered through a combined network of over
550,000 agent locations in 200 countries and territories and over
150,000 ATMs and kiosks, and included the capability to send money
to billions of accounts. In 2016, The Western Union Company
completed 268 million consumer-to-consumer transactions worldwide,
moving $80 billion of principal between consumers, and 523 million
business payments. For more information, visit
www.westernunion.com.
About FDJ
La Française des Jeux is the fourth largest lottery worldwide
with €14.3 billion euros bets in 2016. La Française des Jeux offers
its 26 million customers fun, responsible and safe lottery games
and sport betting for the general public. The group and its
subsidiaries (FDP, LVS…) relies on over 2,130 staff, a network of
31,000 local points of sale and a multimedia channel that has
attracted 1.3 million players. In 2016, La Française des Jeux
redistributed 95% of its bets, €9.5 billion to the players, €3.1
billion to the community including over €220 million for sport for
all, and close to €718 million for retailers.
https://www.groupefdj.com/
WU-G
View source
version on businesswire.com: http://www.businesswire.com/news/home/20171205006048/en/
Media contactsWestern UnionCarolina Laurijssen,
+44 (0) 7740 542
203Carolina.laurijssen@westernunion.comorJulie Dramard, 01
53 32 61 00 / 06 77 79 18
89julie.dramard@fleishmaneurope.comorFDJPatrick
Germain / Philippine Nouveau, 01 41 10 33
82servicedepresse@lfdj.com
Western Union (NYSE:WU)
Historical Stock Chart
From Mar 2024 to Apr 2024
Western Union (NYSE:WU)
Historical Stock Chart
From Apr 2023 to Apr 2024