Market Overview

Western Union And Rite Aid Agree To Continue 20-Year Relationship


Western Union Company (NYSE: WU) and Rite Aid Corporation (NYSE: RAD) revealed that they have agreed to renew their relationship. As a result, consumers at Rite Aid locations would continue to have the ability to send, as well as, receive Western Union Money Transfer transactions throughout the United States and the globe to over 200 countries and territories, in minutes.

Aside from that, the companies indicated consumers could buy money orders and pay their bills at Rite Aid locations throughout the country.

Western Union SVP and GM, Carter Hunt, said, "Western Union is proud of its more than 20-year relationship with Rite Aid. Fortifying our retail Agent presence in the U.S. further advances our cross-border platform and capability to move money across the globe with speed, ease and reliability, while giving consumers the choice of cash or cashless options to send and receive money."

Similarly, Rite Aid VP of Store Operation, Tony Sadler, said, "At Rite Aid, we are committed to meeting not only the health and wellness needs of our customers and communities, but their everyday needs, too. Our relationship with Western Union allows us to offer customers even more value by providing a reliable option when it comes to moving money or facilitating bill payments, with convenience and a high level of customer service."

Posted-In: News Contracts Press Releases General


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