December 2, 2022


En español

BENTONVILLE, Ark., March 3, 2022 — Walmart (NYSE: WMT) is making it considerably cheaper for its clients to ship cash to Mexico. Prospects can now ship cash from any Walmart retailer within the U.S. to any Walmart retailer in Mexico for as little as $2.50 per transaction via its Walmart2Walmart cash switch program — a minimum of 50% decrease than related choices available on the market.

This game-changing low payment marks one other main milestone for the retailer because it stays dedicated to offering extra inclusive and reasonably priced monetary options for all clients, together with unbanked or underbanked households that depend on providers like wire transfers for on a regular basis cash administration.

We’re thrilled to supply Walmart consumers a handy strategy to ship cash to their family members in Mexico at an extremely low value. Our low-fee technique demonstrates our dedication to proceed bettering the monetary well-being of our clients around the globe.

Julia Unger, vp, Walmart Monetary Providers

At the moment’s announcement builds on the momentum of the unique Walmart2Walmart cash switch service between the U.S. and Mexico, launched in 2016. That service paused in 2018 whereas the corporate invested in decreasing costs and boosting the infrastructure to energy at the moment’s new service. With remittances to Mexico up over 27% in 2021, Walmart’s relaunch of Walmart2Walmart Mexico is well timed, enabling clients to make use of Walmart’s massive community of shops to ship cash rapidly and inexpensively at a time when cross-border funds are quickly rising.

“We’re delighted to collaborate with Walmart on this distinctive service, which supplies clients value advantages and simpler entry to quick, protected and assured cash transfers to Mexico,” mentioned Juan Bianchi, CEO of Euronet’s Cash Switch Phase. “Because of Ria’s scalable capabilities, coupled with Walmart’s massive footprint, we will help Walmart supply unequalled worth and comfort to Mexicans dwelling within the U.S. and their households again residence in Mexico.”

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About Walmart
Walmart Inc. (NYSE: WMT) helps individuals around the globe get monetary savings and dwell higher — anytime and wherever — in retail shops, on-line and thru their cell gadgets. Every week, roughly 230 million clients and members go to roughly 10,500 shops and golf equipment beneath 46 banners in 24 nations and eCommerce web sites. With fiscal yr 2022 income of $573 billion, Walmart employs 2.3 million associates worldwide. Walmart continues to be a pacesetter in sustainability, company philanthropy and employment alternative. Further details about Walmart may be discovered by visiting company.walmart.com, on Fb at fb.com/walmart and on Twitter at twitter.com/walmart.






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