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"Adding the capabilities of Western Union...to
The Cash Store's payday advance services brings us closer to
our goal of being the complete neighborhood financial services
provider"
Gordon Reykdal, President and CEO of Rentcash
Rentcash Inc. (TSXV: RCS) announced today that,
effective December 1, 2004, its 130+ Cash Stores in nine provinces will offer
Western Union Money
Transfer and Money Order services. Using Western Union's proprietary money
transfer network, The Cash Store's customers will be able to pay bills and
transfer money.
"Adding the capabilities of Western Union, an international leader in
consumer money transfer services, to The Cash Store's payday advance services
brings us closer to our goal of being the complete neighborhood financial
services provider," said Gordon Reykdal, President and CEO of Rentcash. "We
are proud to offer one of the world's most widely recognized money order
brands. Coupled with our own private label debit card, the Cash Store Cash
Card(TM), The Cash Stores offer a powerful line up of the financial services
most requested by our customers."
The Cash Store's managers across Canada have been undergoing an extensive
training program to provide the new Western Union services, which will also be
promoted through joint-branded signage at each store.
"Western Union has always supported the idea of the neighborhood
financial institution," said A.J. Hanna, vice president and general manager,
Western Union Canada. "This important addition to our Agent network moves us
closer to our consumers and the communities we serve across Canada."
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