Services to begin rolling out in the Spring of
2021 enabling U.S. customers to send money locally and globally
Walmart (NYSE:WMT), the world’s largest retailer, and Western
Union (NYSE: WU), a global leader in cross-border, cross-currency
money movement and payments, today announced a new agreement that
will, for the first time, enable Western Union money transfer
services at Walmart locations across the U.S. bringing greater
choice and value to millions of customers. The services will
include domestic and international money transfers, bill payments
and money orders. Services will be offered at more than 4,700
Walmart stores with a rollout planned to begin in the spring of
2021.
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Walmart and Western Union Enter Agreement
to Offer Western Union Money Transfers at Walmart (Photo: Business
Wire)
Through Western Union’s global cross-border, cross-currency
platform reaching 200 countries and territories worldwide, Walmart
customers will have the ability to move money to family and loved
ones almost anywhere across the world. Customers will have the
option of their money transfer being paid out in minutesi across
more than 550,000 retail locations or into billions of bank
accounts, wallets or cards.
Millions of Americans rely on Walmart’s transparent, Every Day
Low Price strategy to help customers conduct essential financial
activities through a marketplace offering. With the addition of
Western Union, Walmart customers will be presented with more
choice, convenience and access than ever before.
“Walmart is much more than a place where customers shop. To
millions, it’s also a place they trust for their financial needs as
well,” Wilbert Noronha, vice president of financial services at
Walmart, said. “We’re thrilled to soon begin offering Western Union
money transfer services at Walmart locations nationwide and,
together, continue connecting family and friends worldwide through
Western Union’s global money movement platform.”
Jean Claude Farah, president, global network at Western Union,
said, "We are excited to work together with the world's largest
retailer, Walmart, and bring the best of our money movement and
payments service capabilities to even more customers in the U.S.
and worldwide.”
Farah added, "Together with Walmart, we have a shared purpose of
supporting our customers who rely on us to send money to make
everyday purchases including essentials like health care and
groceries. In an age when speed, security, convenience and trust
mean everything, we are offering customers greater ease,
reliability, access and confidence with every transaction.”
For more than 20 years, Walmart has worked to provide the
financial services their customers need through the providers they
want, all at transparent prices. Since 2014, Walmart has also saved
customers more than $1.5 billion across its marketplace financial
services offerings.
The collaboration between Walmart and Western Union continues
the two companies’ long-standing commitment to provide value and
further financial inclusion for customers.
About Walmart
Walmart Inc. (NYSE: WMT) helps people around the world save
money and live better - anytime and anywhere - in retail stores,
online and through their mobile devices. Each week, over 265
million customers and members visit approximately 11,400 stores
under 55 banners in 26 countries and eCommerce websites. With
fiscal year 2020 revenue of $524 billion, Walmart employs over 2.2
million associates worldwide. Walmart continues to be a leader in
sustainability, corporate philanthropy, and employment opportunity.
Additional information about Walmart can be found by visiting
https://corporate.walmart.com, on Facebook at
https://facebook.com/walmart and on Twitter at
https://twitter.com/walmart.
About Western Union
The Western Union Company (NYSE: WU) is a global leader in
cross-border, cross-currency money movement and payments. The
company’s omnichannel platform connects the digital and physical
worlds and makes it possible for consumers and businesses to send
and receive money and make payments with speed, ease, and
reliability. As of September 30, 2020, the Western Union network
included over 550,000 retail agent locations offering branded
services in more than 200 countries and territories, with the
capability to send money to billions of accounts. Additionally,
westernunion.com, the fastest-growing channel in 2019, is available
in over 75 countries, plus additional territories, to move money
worldwide. Western Union moves money for better with our global
reach, connecting family, friends, and businesses to enable
financial inclusion and support economic growth. For more
information, visit www.westernunion.com.
i Service and funds availability depend on certain factors
including the Service selected, the selection of delayed delivery
options, special terms applicable to each Service, amount sent,
destination country, currency availability, regulatory issues,
consumer protection issues, identification requirements, delivery
restrictions, agent location hours, and differences in time
zones.
WU-G
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version on businesswire.com: https://www.businesswire.com/news/home/20210119005285/en/
Western Union Global Communications; Pia De Lima;
Pia.DeLima@westernunion.com Walmart Corporate Communications;
Camille Dunn; , 1-800-331-0085, news.walmart.com/reporter
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