Walmart will soon provide more payout methods for its customers
Walmart has been providing a domestic money transfer service called Walmart2Walmart since 2014, and Walmart2World since 2018. The retailer announced those consumers who have used its platforms from the very beginning altogether saved an estimated $1 billion.
As to the plans, Walmart has also announced the collaboration with MoneyGram and Ria to create money transfer principals, an international money transfer marketplace serving all 4,700 US Walmart stores.
Soon the customers using Walmart2World will have a choice either of MoneyGram or Ria while making cross-border purchases.