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Walmart Expands Money Transfer Service

Through a partnership with Moneygram International, Walmart, the largest U.S. retailer, will enter the cross-border money transfer business. Walmart2World remittances can be initiated from all 4,700 U.S. Walmart and Sam’s Club store locations. Users will pay $4 to send up to $50, $8 to send from $51 to $1,000, and $16 to send $1,001 to $2,500. Those prices are lower than rates charged by most competing international money transfer services. And unlike other global services, Walmart2World transfer fees do not vary depending on the country of the recipient or the sender. Another difference ...

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April 2018
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