PayPoint, the UK’s leading convenience payments network, and Western Union, a
global leader in international money transfer, have teamed up to enable more
retailers to offer their customers the facility to send and receive money around the
world.

PayPoint agents opting to benefit from providing Western Union services can offer
their customers three options: Money in Minutes, Next Day and Two Day Service.
The only equipment they need in their store is a PC and internet connection to go
with the Western Union software provided. This creates a significant opportunity for
retailers to raise their profile in their local communities as the economic crisis
spreads to affect developing economies, making the contribution from UK-based
workers even more essential to their families back home.

All customers need to do is go into their local participating PayPoint outlet and
complete the ‘To Send Money’ form and the funds will be transferred quickly and
reliably. Customers will receive a copy of their ‘send’ form once the transaction has
been completed as their receipt.

Rita Patel of Hardings Newsagents in Tottenham, north London, has been a Western
Union Agent since September 2006. “Western Union is an essential service to many
of my customers, who come from all over the world,” she says. “They value the
convenience of having it close to where they live and I benefit from the extra sales
when they come to my store.”

Hikmet Ersek, Executive Vice President and Managing Director of Western Union
EMEA-APAC, states: “Western Union offers a fast, convenient and reliable service
for millions of people around the world, and joining forces with PayPoint will ensure that it is available to more people at the most convenient time and location, making it
easier to send money back to loved ones in another country.”

Dominic Taylor, Chief Executive of PayPoint, adds: “This is a significant step for both
Western Union and PayPoint. Local convenience stores are at the heart of
communities up and down the country and being able to offer additional services
such as Western Union Money Transfer from PayPoint helps them to bolster their
relationships with both existing and new customers.”

 
-Ends-

Enquiries:
PayPoint Press Office
01707 600356
peterbrooker@paypoint.co.uk

Tom Nutt / Blake Scotland
The Communication Group
020 7630 1411
paypoint@thecommunicationgroup.co.uk

Notes to Editors
PayPoint is the leading cash and internet payments company in the UK and Ireland.It
handles in excess of £8 billion from over 515 million transactions annually for 6,000
clients and merchants. The company operates with several payment networks:

• The PayPoint retail network numbers over 20,750 terminals located in local
  shops (including Co-op, Spar, Costcutter, Sainsburys Local, One Stop,
  Londis, Somerfield and thousands of independents) in all parts of the UK and
  Ireland. Terminals handle gas and electricity meter prepayments, cash bill
  payments, mobile phone top-ups, transport tickets, BBC TV licences and a
  wide variety of other payment types for all of the leading utilities,
  telecommunications suppliers and many consumer service companies. This
  network is used by consumers, free of charge, over 9 million times a week.
  The network has 98.9% population cover on a 1 mile urban or 5 miles rural
  measure;
• Additional multiple retailer connections via retailers’ electronic till systems in
  the UK, including BP and Superdrug, for mobile top-ups and selected
  payments from the PayPoint range;
• The PayPoint ATM network has 2,150 ‘LINK’ branded machines across the
  UK, also typically in convenience stores;• PayPoint.net provides secure credit and debit card payments for over 5,100
  web merchants linking into all the major UK acquiring banks; and
• PayPoint International, which operates bill payment and top-up services in
  Ireland and Romania. PayStore in Romania now has 4,700 terminal outlets
  including 1,200 PayPoint branded sites for the new bill payment service.
  

PayPoint plc (PAY:LSE) floated on the London Stock Exchange in September
2004. PayPoint is widely recognised for its leadership in prepayment systems, smart
technology and consumer service.

About Western Union
The Western Union Company (NYSE: WU) is a leader in global money
transfer services. Together with its Vigo and Orlandi Valuta branded money
transfer services, Western Union provides consumers with fast, reliable and
convenient ways to send and receive money around the world, as well as
send payments and purchase money orders. It operates through a combined
network of more than 375,000 Agent locations in over 200 countries and
territories. Famous for its pioneering telegraph services, the original Western
Union dates back to 1851. For more information, visit www.westernunion.com.