Walmart and Western Union Partners to Offer Money Orders and Money Transfers at Walmart
Walmart has announced a new agreement that will, for the first time, enable Western Union money transfer services at Walmart locations across the U.S. bringing greater choice and value to millions of customers. The services will include domestic and international money transfers, bill payments and money orders. Services will be offered at more than 4,700 Walmart stores with a rollout planned to begin in the spring of 2021.
The press release says that Western Union’s global cross-border, cross-currency platform reaching 200 countries and territories worldwide, Walmart customers will have the ability to move money to family and loved ones almost anywhere across the world. Customers will have the option of their money transfers being paid out in minutes across more than 550,000 retail locations or into billions of bank accounts, wallets or cards. With the addition of Western Union, Walmart customers will be presented with more choice, convenience and access than ever before.
Its interesting to see how this ill be rolled out, since Walmart is a popular location for purchasing money orders with low fees. Western Union could be a better option than Money Gram and maybe we even see self service kiosks.