“The Walmart-2-Walmart service is being rolled out in partnership with Ria Money Transfer, a subsidiary of Euronet Worldwide Inc. Shares of money-transfer companies MoneyGram and Western Union slid Thursday. The service, which will be available starting April 24, allows its customers to transfer up to $900 to and from more than 4,000 Wal-Mart stores in the U.S. Customers can transfer up to $50 for a $4.50 service fee and up to $900 for $9.50. Comparable services elsewhere cost up to $70 when transferring less than $1,000. Western Union on its website puts the price of transferring $900 in New York between $20, if using a bank account, to $85 if using a credit or debit card.”
Related posts:
Ukraine crisis could halt Europe’s recovery, ECB warns
Top Treasury Official Sees No Widespread Criminal Bitcoin Use
Sacramento Kings to accept Bitcoin for purchases
How to Print Dollars in Your Own Backyard and Keep Them Away from Wal-Mart
Hiring Spreads, but Only 14 Cities Top Prerecession Level
Cyprus sees more stability, even bitcoin innovation
Banking group warns there’s too much ‘easy money’ in global economy
Social Security Ran $47.8B Deficit in FY 2012; Disabled Workers Hit New Record in December: 8,827,79...
Jim Rogers still shorting U.S. Treasuries
Anger after Bill Gates gives £6m to British lab to develop GM crops
Aborted babies incinerated to heat UK hospitals
White House rejects petition calling for ‘Gun Free Zone’ around Obama, Biden
India July silver imports highest in 5 years
Trump Readies Sweeping Tariffs and Investment Restrictions on China
Gold nugget weighing 5.5 kg discovered in Australia