Wal-Mart Expanding Financial Services Arm

Wal-Mart Expanding Financial Services Arm
|
Open Image Modal

Wal-Mart Stores Inc., expanding its lucrative push into financial services, said Tuesday it plans to open 500 more MoneyCenters this year ... in-store centers that offer basic financial services such as check cashing, bill payment and money transfers.

...

Wal-Mart says the MoneyCenters offer convenience, low prices and an "inviting" and "safe" place to carry out financial transactions.

Our 2024 Coverage Needs You

As Americans head to the polls in 2024, the very future of our country is at stake. At HuffPost, we believe that a free press is critical to creating well-informed voters. That's why our journalism is free for everyone, even though other newsrooms retreat behind expensive paywalls.

Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.

to keep our news free for all.

Support HuffPost