Holiday Money Transfer Pricing Upholds Continued Commitment to Walmart Customers$7 fee for domestic and international transfers applies to more than 190 countries Attention Journalists: B-roll Available for Download BENTONVILLE, Ark., Nov. 19, 2009 – Just in time for the holidays, Walmart (NYSE: WMT) announces another significant savings to customers: $7 money transfers. Starting today, customers can send up to $200 anywhere in the U.S. or internationally at a Walmart MoneyCenter or customer service desk for the new low price of $7. Transferring money at Walmart is a quick and secure way to send money to loved ones during the busy holiday season with funds available for pick up in just 10 minutes.* The holiday season is one of the busiest times of year to send money. According to Walmart’s internal research, during the month of December the number of transfers typically increases by 14 percent over the previous 11 month average. “Saving our customers money is one of our highest priorities at Walmart. This new $7 fee for both U.S. and international money transfers is continuing our commitment to provide low prices for our customers,” said Jane Thompson, president of Walmart Financial Services. “Customers will on average save more than 40 percent when they send money transfers for up to $200 from Walmart.” Walmart offers convenient and secure money transfer services through MoneyGram®. Money transfers can be sent and received at the Walmart MoneyCenter or customer service desk in more than 3,500 Walmart stores across the U.S. Sending a money transfer at Walmart is easy because it does not require a bank account or credit card and Walmart offers the extended hours of its stores to add to the convenience. "With our strong and growing worldwide agent network of more than 186,000 locations across the globe, we are well positioned to continue to offer great value and convenience to our customers in the U.S. and internationally,” said Dan O’Malley, president of the Americas at MoneyGram International. “Now more than ever before, Americans are searching for alternatives to high priced money services,” said Thompson. “We’re particularly pleased to offer our lowest money transfer price ever to our customers during these challenging economic times.” Everyday ways to save on financial services
*Subject to agent hours and availability. About Walmart About MoneyGram® # # # |
