Business | Nation

Competition Watches As Wal-Mart Debuts Money Transfer Service

NPR | April 30, 2014 9:06 a.m.

Wa-Mart stores Inc. is rolling out a new money-transfer service allowing customers to send and receive up to $900 at a time at more than 4,000 stores in the U.S. But analysts don’t think the retail giant’s move will destroy the other money transfer clients because of their loyal customer base.

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