Walmart Launches a New Money Transfer Service

April 18, 2014 (Fri): The world’s largest retailer, Walmart has introduced a new Walmart-2-Walmart Money Transfer Service in partnership with Ria Money Transfer, a subsidiary of Euronet Worldwide Inc.

The new service allows customers to transfer up to US$50 for a US$4.50 service fee and up to US$900 for US$9.50 from more than 4,000 Walmart stores in the U.S. Walmart via its statement claims that its service fee is up to 50 percent less than similar offerings on the market. The service will be available from April 24 onwards.

Author: VSDaily Editor

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