Walmart-2-Walmart Money Transfer Service

The world’s largest retailer introduced a new, low-cost money transfer service called Walmart-2-Walmart. Now consumers can send money to each other by using the retail chain’s store network. This service is rolled out in partnership with Euronet Worldwide’s subsidiary Ria Money Transfer.
Walmart-2-Walmart supports domestic cash and PIN debit transfers at more than 4,000 Walmart stores in the U.S. and Puerto Rico. Consumers can send up to $50 for a $4.50 service fee and up to $900 for $9.50.
If you compare the fee with other services, you will see that Walmart competitors charge up to $76 for transferring more than $50.
While Walmart-2-Walmart service offers low prices, it is limited. It does not allow transfers outside the U.S. and has no online service. Also, the transfers are capped at $900.
The new money transfer service is aimed to offer shoppers more financial choices. The existing relationship with MoneyGram will not be changed. MoneyGram will continue providing a full range of transfer services at Walmart stores. It has no money transfer limits and customers can transfer funds outside the U.S.
Walmart also offers financial services such as prepaid cards and credit cards.
Latest Other Card News

Credit scores and credit reports have become an integrate part of our lives and financial health. There are a lot of services that allow to check credit reports online and FreeCreditReport.com is one of them. FreeCreditReport.com is owned and operated by Experian, one of the three major credit bureaus in the U.S. The service provides […]

If your wallet is bulging with store loyalty cards, there’s good news for you from Samsung Pay. The most widely accepted mobile digital wallet system in the United States is now allowing users to upload their store membership and rewards cards onto their Samsung Galaxy smartphones.

Identity theft and banking fraud concern more and more Americans, according to a recent FICO survey. And that is not a surprise as credit card fraud continues to grow, especially online fraud.
There is no foolproof way to protect yourself from fraud, but there are a few things you can do. The first and foremost thing you should do is never ever give your credit or debit card information to someone you do not know.

Springtime is the season for house hunting, but many people planning to move this year say they’ll rent, not buy, their new digs.

Online banking has revolutionized the way people do business with their banks, and one result is that fewer and fewer folks are actually stopping in to branches to do things like deposit checks, make withdrawals, and transfer money.