WHSmith gains mPOS technology through Western Union partnership

Money transfer firm Western Union has teamed up with retail group WHSmith, integrating three hundred mobile point-of-sale (mPOS) self-service kiosks within its UK stores.

The two companies have signed a partnership agreement, activating Western Union’s Money Transfer services within the retailer’s high street stores. Customers will now be able to use the self-service kiosks for money transfer services inside WHSmith stores.

‘‘Western Union strategy of bringing an innovative digital self-service kiosk to retailers puts customers in the driver’s seat for their transactions with the convenience, efficiency and control that so many are seeking,’’ commented Odilon Almeida, president, Americas and European Union, Western Union.

The agreement coincides with Western Union’s international expansion plans, as the payment firm intend to increase its European operations, targeting UK retail stores with its payment solutions.

‘‘This innovative point-of-sale is advancing Western Union’s already vast retail network and also making it attractive for major retailers looking to enter the remittance sector cost efficiently,’’ continued Almeida.

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