Digital kiosk innovation wins first place at 2015 Corporate
ENGLEWOOD, Colo.–(BUSINESS WIRE)–The Western Union Company (NYSE: WU), a leader in global payment
services, was awarded the “Best New Service” award at the 2015 Corporate
Entrepreneur Awards earlier this week for its digital self-service kiosk
model—active at Walgreens locations across the United States.
The Corporate Entrepreneur Awards—hosted by Market Gravity—recognize
innovation within large businesses related to new products, services and
experiences disrupting traditional industries. The “Best New Service”
award celebrates a service innovation that has redefined its industry or
This year, Western Union took the top spot among 33 other nominations in
this category from some of North America’s largest companies, including
MasterCard, Visa, AOL, United Airlines and Avis.
The award-winning digital self-service kiosk model allows consumers to
make domestic and international money transfers as well as bill payments
at more than 7,800 Walgreens locations, using existing digital
Customers can independently stage their transactions at the self-service
kiosk using a photo touchscreen, and then fund those transactions via
cash or pin-based debit at the register.
The service was introduced at Walgreens without disruption to the
business by integrating the money transfer and bill payments services
into existing photo kiosks. By employing this innovative approach, no
additional staffing or point of sale requirements were necessary.
Western Union’s cross-border platform is a rare combination of a
physical and digital network servicing 16,000 corridors across 200
countries and territories. Across its brands the company has over
500,000 retail agent locations around the world and its services are
available at over 100,000 ATMs and kiosks, and including the capability
to send money to millions of accounts.
About Western Union
The Western Union Company (NYSE: WU) is a leader in global payment
services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western
Union Business Solutions branded payment services, Western Union
provides consumers and businesses with fast, reliable and convenient
ways to send and receive money around the world, to send payments and to
purchase money orders. As of June 30, 2015, the Western Union, Vigo and
Orlandi Valuta branded services were offered through a combined network
of over 500,000 agent locations in 200 countries and territories and
over 100,000 ATMs and kiosks, and included the capability to send money
to millions of bank accounts. In 2014, The Western Union Company
completed 255 million consumer-to-consumer transactions worldwide,
moving $85 billion of principal between consumers, and 484 million
business payments. For more information, visit www.westernunion.com.
Sarah Meske, +1 720-332-2796