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Press release from Business Wire

Western Union Wins Two Best-in-Category Awards for Prepaid Card Programs

<p class='bwalignc'> <i>Selected for Best General Purpose Reloadable Card and Best Consumer Value in Prepaid</i> </p>

Tuesday, March 13, 2012

Western Union Wins Two Best-in-Category Awards for Prepaid Card Programs16:01 EDT Tuesday, March 13, 2012 LAS VEGAS (Business Wire) -- Western Union (NYSE: WU), a leader in global payment services, today announced that the company has won two Best-in-Category awards at the 7th annual Prepaid Expo. Prepaid information provider Paybefore selected the Western Union® MoneyWise Prepaid MasterCard as its best overall general-purpose reloadable (GPR) program and the Western Union Gold Card Prepaid MasterCard as the winner for Best Consumer Value. Paybefore also recognized Western Union in one additional category, selecting the company's Online Gift and Greeting Cards program as one of three winners in the Best Gift Card Program category. The Paybefore Awards, now in their sixth year, are the most prestigious recognition of excellence in the worldwide prepaid and stored-value card industry. “We are honored to be recognized for our prepaid programs,” said Diane Scott, Chief Marketing Officer and President, Western Union Ventures. “We conducted extensive consumer research prior to launching our prepaid programs, and each one is a direct response to our customers' needs. We are proud to provide people with innovative, convenient and fee-friendly prepaid cards to help them manage their finances.” Scott was featured today at the Expo with executives from Visa, American Express, Discover and CPI Card Group on differentiating prepaid offerings from credit and debit programs. Western Union's three programs were selected by a panel of five industry experts who served as judges for this year's competition, which included entries from around the world. “Paybefore Awards were created to honor the companies and individuals that are keeping prepaid on the cutting edge of payments,” said Loraine DeBonis, Paybefore editor-in-chief and chair of the judging panel. “Our industry continues to break new ground and expand the reach of electronic payments because of companies like Western Union, who make innovation and execution a priority,” she said. “We are proud to recognize their contributions to advancing the prepaid industry.” Western Union is an industry leader in fee-friendly prepaid cards. The company's MoneyWise Prepaid MasterCard and Gold Card Prepaid MasterCard have no monthly maintenance fees and no fees for purchases. In addition, consumers can top up the cards at over 44,000 participating Western Union Agent locations in the U.S. and can receive Western Union Money Transfer transactions directly on their cards. Paybefore also recognized the MoneyWise Prepaid Card in 2011 with two awards: Best General Purpose Reloadable Program: In-Person Sales Channel Category and Best Prepaid Program: Media Advertising Category. Terms of use: Certain fees apply, including a $2.95 per month servicing fee after 120 consecutive days of non-use. 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 December 31, 2011, the Western Union, Vigo and Orlandi Valuta branded services were offered through a combined network of approximately 485,000 agent locations in 200 countries and territories. In 2011, The Western Union Company completed 226 million consumer-to-consumer transactions worldwide, moving $81 billion of principal between consumers, and 425 million business payments. For more information, visit About Paybefore Paybefore is the leading information provider to prepaid and stored value industry professionals, offering the latest news, commentary and analysis. Paybefore's family of industry publications include:™, a searchable online news and information portal; Paybefore News™, daily news briefs delivered electronically; Paybefore News International™, a weekly compilation of prepaid news and events from outside the United States; Paybefore Update™, an e-newsletter delivered 20 times a year; Paybefore Legal™, a downloadable e-newsletter covering the legislative, regulatory and judicial developments in prepaid, as well as feature articles by leading attorneys in the field; Paybefore Magazine™, a biannual print publication featuring in-depth articles on the opportunities, challenges and trends in the global prepaid and stored value industry; and the only industry directory, Paybefore Buyer's Guide™, available online and in print. Visit us at WU-G Western UnionMedia:Kristin Kelly, +1 303-330-9855Kristin.kelly@westernunion.comorInvestors:Mike Salop, +1