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Technology Stocks : FDC : First Data Corp
FDC 31.690.0%Aug 5 5:00 PM EST

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To: JakeStraw who wrote (271)11/6/2001 10:10:55 AM
From: JakeStraw  Read Replies (1) of 323
 
Western Union and Sprint Offer Convenient New Payment Option to Sprint PCS Customers
Western Union(R) SwiftPay(R) Service Now Available to All Sprint PCS Customers In Nearly 40,000 Locations Nationwide
biz.yahoo.com
DENVER, and KANSAS CITY, Mo., Nov. 6 /PRNewswire/ -- Western Union Financial Services, Inc., a subsidiary of First Data Corp. (NYSE: FDC) and Sprint (NYSE: FON; PCS) which operates the Sprint PCS all-digital, all-PCS nationwide wireless network, today announced an agreement that allows Sprint PCS customers to make their wireless phone payments at any of Western Union's nearly 40,000 agent locations in the United States, using the Western Union® SwiftPay® service. This new payment option is available to any of Sprint PCS' more than 14 million wireless customers, regardless of account type.

The addition of the Western Union SwiftPay service expands the Sprint PCS payment network and provides increased convenience for Sprint PCS customers. The payment process is easy. Customers simply present their wireless telephone number and cash payment at any Western Union agent location, including many grocery stores, convenience stores and other retail locations where Sprint PCS customers already do business.

``The Western Union SwiftPay service offers the most convenient way of making payments in the wireless industry,'' said Joe Jackson, president, Western Union Commercial Services. ``Our deal with Sprint PCS extends availability of the service to a new market segment, bringing the convenience and value of SwiftPay to every type of wireless account holder.''

``Sprint PCS is the fastest growing, all-digital nationwide wireless network and we wanted to connect all of our customers with a payment provider like Western Union that clearly matched our nationwide, reliable coverage,'' said Chip Novick, vice president of consumer marketing for Sprint PCS. ``Now any Sprint PCS customer can conveniently make payments at the nearly 40,000 Western Union locations nationwide.''

About Western Union Financial Services, Inc. and First Data

Western Union Financial Services, Inc., a subsidiary of First Data Corp. (NYSE: FDC - news), is a worldwide leader in consumer money transfer services. Consumers can quickly, safely and reliably conduct money transfer transactions at more than 117,000 agent locations in more than 185 countries and territories. Famous for its pioneering telegraph service, the original Western Union dates back to 1851 and introduced electronic money transfer service in 1871. Western Union is celebrating its 150th anniversary in 2001. For more information, please visit the company's Web site at www.westernunion.com.
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