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Burger King and Wal-Mart combined, Western Union is the lone behemoth among hundreds of money transfer companies. Little noticed by the public and seldom studied by scholars, these businesses form the infrastructure of.
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Theft, Broadview Road: A Cleveland man, 21, was charged with theft May 11 after it was discovered that, while an employee of K-mart, he had been making out Western Union money orders to himself and cashing them elsewhere.
(Reuters) – Wal-Mart Stores Inc is launching a money transfer service in a direct challenge to the dominance of Western Union Co. and MoneyGram, aiming to broaden the financial services it offers to low-income customers and increase.
The announcement is the latest in Wal-Mart’s aggressive move into financial services recently. Just earlier this month, the giant retailer announced it was entering the money transfer business to compete with the likes of Western Union.
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MISSISSAUGA, Ontario — Wal-Mart Canada here, which operates 287 stores across Canada, and Western Union, Englewood, Colo., yesterday announced an agreement to provide global money transfers and Quick Collect services.
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Euronet shares rose $1.65, or 4.1 percent, to $42.44. Shares of Moneygram International Inc. and Western Union, which are larger rivals in the money transfer business, fell sharply on the news of Wal-Mart’s partnership with Euronet.
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Comparing the differences between the services – and the fees.
NEW YORK (AP) — Wal-Mart Stores Inc. is introducing a new money transfer service that it says will cut fees for customers by up to 50 percent compared with similar.
Money Mart offers a variety of alternative financial services such as check cashing, money transfers, prepaid debit cards and payday loans.
Wal-Mart. transfer money from one Wal-Mart store to another. Lots of our customers come in and send it to relatives or friends. and the recipients come to the store to pick it up, she said. For the holiday season this year, Western.
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NEW YORK (AP) — Wal-Mart is delving deeper into financial services at its stores and shaking up the money transfer. with Ria Money Transfer, a subsidiary of Euronet Worldwide Inc. Shares of money-transfer companies MoneyGram.
In an Amazon-dominated world, Wal-Mart’s (WMT) latest move underscores its focus on moving beyond the brick-and-mortar stores.
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SAN FRANCISCO (Reuters) – Wal-Mart. money from one Wal-Mart store to another. "Lots of our customers come in and send it to relatives or friends. and the recipients come to the store to pick it up," she said. For the holiday.
Wal-Mart Stores Inc. (NYSE: WMT) announced Thursday morning that it is launching a money transfer service that allows customers to transfer funds among the more than 4,000 Walmart stores in the United States. Wire transfer companies.
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It’s never a good thing when Wal-Mart gets into your business. Thursday morning, shares of MoneyGram International and Western Union plunged after the retail giant said it would begin offering lower cost money transfers in the U.S. under.
It’s important to note that though Western Union has services across Japan, the majority are at Family Mart and Seven Bank (7-11) ATMs, where you can’t receive money.
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LUCEDALE, Mississippi — George County Sheriff Dean Howell is warning residents of a scam after getting several reports involving bogus checks that appear to. say that Wal-Mart would never have you send cash Western Union or.
Four months ago, Gwen Gampon wired $1,030 to her brother from a Western Union Co. outlet in Anaheim during a family emergency. In Hawaii, her brother, who is unemployed and doesn’t have a checking account, ended up with just $950 -.
NEW YORK — Wal-Mart Stores Inc. is introducing a new money transfer service that it says will cut fees for customers. Shares of MoneyGram International Inc. fell nearly 12 percent and shares of Western Union Co. fell more than 5.
A Wal-Mart employee was arrested after. an apartment and was told to wire $600 via Western Union to secure rent. After it was discovered that the ad was false, which was confirmed by a local realtor, the money was returned by to.
(Reuters) – Wal-Mart Stores Inc said on Thursday it was launching a new domestic money transfer service called "Walmart-2-Walmart" in partnership with Euronet Worldwide Inc subsidiary Ria Money Transfer, competing directly with.
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