Three years ago this week, Walmart introduced its groundbreaking money transfer service, Walmart2Walmart Powered by Ria, with the goal of bringing customers dramatically lower costs and a simpler money transfer experience.
Since that time, Walmart's customers have enjoyed nearly half a billion dollars in fee savings through using this service, putting more hard-earned money back into their pockets.
Today, Walmart – together with Ria Money Transfer and American Express – announced further improvements to the service, with the ambition of helping customers save even more money, along with time.
Also, beginning in May, Walmart and American Express will introduce the Bluebird2Walmart Money Transfer Service,(3) which allows accountholders of Bluebird – a checking and debit alternative – to digitally send money for cash pickup at Walmart store locations. Accountholders can access the new service by visiting Bluebird.com or by using the Bluebird app on their smartphone.(4) Money receivers do not need a Bluebird Account; rather, they can simply pick up their funds at any Walmart store within minutes of the online transfer.(5) Pricing is consistent with the new Walmart2Walmart prices.
Today's announcement is the latest way Walmart is bringing a new kind of ease and convenience to wire services. Earlier this year, Walmart announced enhancements to the Walmart app to create a faster, easier and more convenient experience for money transfer customers. The new capabilities, which began rolling out to Walmart stores in March, enable app users to use a designated express lane in stores.
Money transfer services are just one of many financial services offered at local Walmart MoneyCenters and Walmart Customer Service desks. Other services include check cashing, bill pay, money orders, tax preparation services and pre-paid card programs, as well as Walmart.com Pay with Cash.