Walmart Announces New Low-Price Fee on Money Transfers to Mexico

“Walmart (NYSE: WMT) is making it significantly cheaper for its customers to send money to Mexico. Customers can now send money from any Walmart store in the U.S. to any Walmart store in Mexico for as little as $2.50 per transaction through its Walmart2Walmart money transfer program — at least 50% lower than similar offerings on the market. This game-changing low fee marks another major milestone for the retailer as it remains committed to providing more inclusive and affordable financial solutions for all customers, including unbanked or underbanked households that rely on services like wire transfers for everyday money management.”