Walmart Launches A Money Transfer Service

Walmart Launches A Money Transfer Service

Soon you will be able to walk into a Walmart and send money. The company today launched its new “Walmart-2-Walmart” service for which it has partnered with Euronet Worldwide Inc subsidiary Ria Money Transfer. This new service puts Western Union directly in the crosshairs as customers will be able to transfer money to and from over 4,000 U.S. Walmart stores. The company says that fees will be much lower than competing services, giving users an incentive to use Walmart-2-Walmart instead.

According to Reuters Western Union shares dipped 7.1 percent in premarket trading. Even MoneyGram International saw shares dip 14.6 percent following the announcement, while Euronet’s rose 4.2 percent. So the assumption that Walmart-2-Walmart might dent competing services seems to hold weight.

The only caveat is that Walmart’s service is only good for domestic money transfers. Folks who want to send money overseas will have to turn towards Western Union or MoneyGram. The latter already provides money transfer services for Walmart.

By launching this new service Walmart aims to boost its core business as well. The low fees on domestic transfers under $1,000 is basically an effort to bring in more shoppers into Walmart stores which would ultimately prove beneficial for its financial revenues. Walmart-2-Walmart will go in service on April 24th.

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Xbox One Titanfall Bundle Gets US Price Cut

A few weeks back, we mentioned that the price of the Xbox One and Titanfall bundle in had come down a bit in the UK. At the time, I wondered if that price cut would be coming to the US as well. We now know that the lower price is indeed coming to the US.

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Reports indicate that the price of the Xbox One and Titanfall bundle at Best Buy and Walmart is being reduced by $50. That makes the console bundle available for $450. That brings the cost of the Xbox One closer to the price of the PS4 in the US.

However, the Xbox One is still $50 or so more than the PS4. The PS4 sells for $399, but you do get one of the best games around for the Xbox One in the bundle, so the price works out to be competitive. Interestingly the price discount is said to be coming from the retailers, not Microsoft.

Walmart Video Game Trade-In Puts GameStop At Risk

Walmart Video Game Trade In Puts GameStop At Risk

Walmart is one of the biggest retailers in the U.S., certainly one that is most frequented by millions of customers everyday. The retailer is now expanding into a new territory while offering its customers more bang for their buck. Walmart has confirmed that it is now going to accept video game trade-ins from March 26th. This means that it will take in a customer’s used video game and offer them a gift card. The gift card would be good to purchase anything at Walmart or Sam’s Club.

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    Walmart To Sell iPhone 5s And iPhone 5c With No Contract Plans

    Walmart To Sell iPhone 5s And iPhone 5c With No Contract PlansWalmart, one of the world’s largest retailers, has been putting up the iPhone 5s as well as the supposedly budget iPhone, the iPhone 5c, on sale for quite some time already, and it seems that it is time for a slight change to be introduced. From this Friday onward, the iPhone 5s and the iPhone 5c will be made available via Walmart on its own contract-free carriers, namely Straight Talk Wireless and Net10 Wireless. You will not find them to be any cheaper or more expensive, as the prices have been matched to those found on the Apple Store where SIM-free iPhones are concerned.

    This would mean an iPhone 5s 16GB from Walmart (which can be picked up in store only) will set you back by $650 a pop, while those who want to pick up an iPhone 5c 16GB (which can be purchased online) can do so for $550. Of course, if being on the cutting edge of Apple’s technology is not exactly high on your list of priorities, Walmart will also be offering the iPhone 4S 8GB for $450 a pop, where it can be picked up in store as well as online. Does this make your life easier? Perhaps the timing of it all has something to do with the upcoming holiday season…[Press Release]

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