How does sending money walmart to walmart work

Have you ever wondered if you can send cash online with Walmart? Sending money through walmart and wiring online both internationally and domestically is now easy with the Walmart to Walmart transfer service.

  • 1 Walmart To Walmart Money Transfer Tracking:
  • 2 How To Send Money Through The Service:
    • 2.1 Info Required
  • 3 Walmart Wire Fees & Costs
  • 4 Money Transfer Limits With Walmart To Walmart
    • 4.1 Walmart Wire Daily limits
    • 4.2 Walmart Money Centre Opening Hours
    • 4.3 Send Money Through Cell Phone Money App
    • 4.4 Age Requirements
  • 5 Walmart Partnership With Ria & Moneygram:
    • 5.1 RIA Money Tracking
  • 6 Walmart to Walmart Customer Service
    • 6.1 Contacting Walmart To Walmart Phone Or Email:
    • 6.2 Maintaining service
    • 6.3 Impact on share price
  • 7 Unbanked customers
  • 8 Walmart to Walmart FAQ (Frequently Asked Questions)
    • 8.1 Is walmart to walmart exactly the same as the moneygram service?
    • 8.2 What is the time limit for picking up cash from a Walmart To Walmart transfer?
    • 8.3 Can you wire money online without going into the supermarket?
    • 8.4 How do i retrieve history of transactions?
    • 8.5 Can someone else pick up my money from Walmart?

Below we have written a full guide on all the services offered by the walmart2walmart service. Read on to see how to use the service…

How does sending money walmart to walmart work

Walmart To Walmart Money Transfer Tracking:

In order to create the service for its customers the famous US supermarket set up a partnership with the firm ria cash transfer, the company which already operates its own service alongside monitoring of money movement through ria tracking and global money remittance.

Offering a great alternative to sending money via bank transfer or wasting money using credit cards. With this new service customers can send from a walmart money center in outlets from any of its 4,000 branches throughout the US in addition to their own walmart money network which can be accessed here: moneynetwork.com/walmart.

True to its reputation of offering the most competitive prices in the market, transfer fees for using Walmart-2-Walmart services are lower than many other money remit service providers. This coupled with great customer service makes the product a really good choice.

How does sending money walmart to walmart work

How To Send Money Through The Service:

To complete an order all you need to do is to fill out the form with the amount, recipient’s name and identify the state where the money will be sent. Within a few minutes after paying with either cash, credit card or debit card your friend or relative can receive the currency at any outlet.

We tried the service out and it is simple and easy to access the service. It allows any customer in the USA to send money from state to state. This can be used to wire cash to family and friends who would perhaps otherwise have to seek other sources of raising cash such as payday cash loans, high APR credit cards or even worse expansive cash advance loans.

Info Required

Customers walk into a store, go to the designated “money center” or customer service desk, and fill out a form with transfer amount, recipient’s name. They can also pay using cash or debit cards for payment.

Walmart Wire Fees & Costs

While its competitors charge $4.50 for wire transmissions below $50 and $9 for transactions up to $900.

These are very simple and up front transfer fees avoiding all complications making it easier for you as a customer to know where you stand on costs when wiring currency. No need to look for a transfer fee amount estimates as these are static.

Money Transfer Limits With Walmart To Walmart

The service now lets customers transfer cash up to $2,500 for each individual transfer. Over a 30 day period each customer is allowed to transfer a max amount of $6,000 according to the rules. However if a customer visits a walmart or uses a moneygram agent directly higher limits can be arranged.

Walmart Wire Daily limits

The daily limit for the service now stands at $2,500 up from the previous limit of $900 and cash, credit or debit card can be used.

Walmart Money Centre Opening Hours

Standard opening hours for walmart money centre are between the hours of 8am (08:00) and 8 pm (20:00) from Monday to Saturday and 10 am (10:00) to 6 pm (18:00) on Sunday according to the retailers customer service section on their website.

Send Money Through Cell Phone Money App

Users can also use a tracking money app available on IOS & android to access the service through their cell phones using a debit card or other form of payment. available on the apple app store or on google play. A unique reference number will be given for each transaction that is made which can be used to track and trace eliminating scams.

Age Requirements

How does sending money walmart to walmart work

As with any service for moving currency the service is only available to people over the age of 18. Other options to use it would be to have a friend or guardian you trust to do the it for you. They will need to verify their birthdate with a government issued document such as a driver’s license which has a photo. This is something i messed up on originally and had to go home to get it. Don’t make the mistake i made!

Walmart Partnership With Ria & Moneygram:

This is not the companies first foray into this type of service. In 2013, it entered into an arrangement with MoneyGram to offer online and international cash transfer services in all Walmart shops throughout the United States. This new partnership with Ria will not affect some of the services already offered as well as moneygram tracking services. This new service has been referred to as a ‘western union style service’ however there is no affiliation with the rival currency movement service.

In proportion to the rest of its business, financial services only account for 1% of total sales in the US. The company’s decision to fully diversify into the money transfer services industry is to capture the unbanked and underbanked market segments in the US which account for 28% of the population.

How does sending money walmart to walmart work

RIA Money Tracking

From what we found all of the usual ria money tracking services will be available through this product offered by the retailer. You can use this service alongside your normal account with RIA.

Walmart to Walmart Customer Service

To check walmart money center opening times near you, locations and what time the center closes, get access to the form or to get the relevant customer service number refer to their helpline or website. Cash refunds and other enquiries can be dealt with on the aforementioned.

Contacting Walmart To Walmart Phone Or Email:

Please see the following for customer service and walmart to walmart phone number:

  • General Enquiries: 1-800-666-3947
  • Reporting Fraudulent Activity: 1-800-926-9400
  • Transaction Queries: 1-800-922-7146

Maintaining service

Reports say that the company intends to maintain its partnership with MoneyGram as Walmart-2-Walmart only caters to the local market and in-store transfers. However, according to Rahul Agarwal of Guggenheim Partners, the companies bottom-line will be affected by Walmart’s new financial services product. Presently, a quarter of their revenue comes from its agreement with the retailer.

Impact on share price

How does sending money walmart to walmart work

When word came out of the supermarkets formal entry into the money transfer services business, shares of MoneyGram International fell by 3.2%. The news sent shockwaves throughout the industry as even Western Union’s shares dropped by 5%. Western Union is one of the largest providers of money transfer services.

Unbanked customers

Unbanked refers to Americans who do not own a bank account. Underbanked is a term that covers Americans who have limited access to the complete suite of financial services normally offered by the bank. Walmart’s new service allows these people to move cash. People who might be struggling with their gas or electricity bills or considering loans can have friends and family wire them cash direct without having a bank account.

The company has high hopes that Walmart-2-Walmart will give customers more reason to patronize Walmart outlets. It is also banking on the possibility that customers may decide to use some of the transfer money and do some shopping inside their store.

Walmart to Walmart FAQ (Frequently Asked Questions)

Here are some of the most frequently asked questions (FAQ) from existing customers and people thinking of using the walmart 2 walmart money transfer in store and online service:

Is walmart to walmart exactly the same as the moneygram service?

How does sending money walmart to walmart work

No the service is operated completely separately. The company has had a relationship with Moneygram for many years facilitating international money transfers for Walmart customers. However the walmart2walmart (correct name) is a new service that is operated in conjunction with Ria.

What is the time limit for picking up cash from a Walmart To Walmart transfer?

Once the money has been sent to a participating Walmart outlet the recipient has up to 90 days to pick up the cash according to Walmart’s policy.

Can you wire money online without going into the supermarket?

How does sending money walmart to walmart work

Many people ask whether you can send money through walmart online rather than walking into a walmart store. The principle function of the service is for people to be able to pick up the money in cash in the outlet. That being said you can send the money online via the website or via the app. However the cash itself in partnered supermarket.

How do i retrieve history of transactions?

You should have a receipt of your transaction in your email. Most email providers are easily searchable so this is a quick and easy way to see your past walmart to walmart money transfers.

Can someone else pick up my money from Walmart?

Yes this is absolutely possible to do. To add an alternate pickup person to your order, contact customer care.

How does sending money work at Walmart?

How to wire money online with Walmart.
Register for an account, or log into your account. If you haven't used the Walmart service before, you'll be asked to enter your information, such as your full name (as shown on your ID) and home address..
Select a recipient. ... .
Fund the transfer. ... .
Transfer the money..

How do you do a Walmart to Walmart money transfer?

To make a transfer, customers will walk into a store, go to the designated “money center” or customer service desk, and fill out a form with the transfer amount, recipient's name, and state the funds are heading to. Cash and debit cards will both be accepted for payment.

How long do I have to pick up money from Walmart to Walmart?

How long does the recipient have to pick up the money at Walmart? Your recipient has 21 days from the date you sent the Money Transfer to pick up the money.

How much does it cost to send money from Walmart to Walmart?

Here are the Walmart to Walmart fees to transfer money: $4 – Money transfers up to $50. $8 – Money transfers from $51 up to $1,000. $16 – Money transfers from $1,001 up to $2,500.