Western Union comes to Wal-Mart Canada |
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Published
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Tue, 16 Oct 2007 16:00
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ENGLEWOOD, Colo. (AP) - Money transfer services provider Western Union Co. and Wal-Mart Canada Corp. on Tuesday said they reached an agreement to offer Western Union bill-paying and money transfer services at Canadian Wal-Mart stores.Financial terms were not disclosed.Western Union money transfer services became available Tuesday at certain Wal-Mart stores in the Toronto area and a chain-wide rollout of both money transfer and bill-paying services is scheduled to be completed in early 2008, the companies said.Wal-Mart Canada operates 287 stores.Western Union shares rose 7 cents to $19.76, while shares of Wal-Mart Stores Inc. fell 49 cents to $45.96 in morning trading.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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