Walmart offers cheaper money wire service

See on Scoop.itMoney & Payments

New service lets anyone transfer money up to $900 from one Walmart to another in the U.S. for a fee of $9.50.

Faisal Khan‘s insight:

Retail goliath ventures into the world of money transfer. Right now the US giant is focusing on domestic (US) money transfer market and that too capped at US$ 900. It won’t be long before Walmart extends its tentacles abroad. 

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