BENTONVILLE, Ark.--(BUSINESS WIRE)--For customers, time is money. Today, Walmart is announcing that Iowa customers can now use Express Money Services, the first of two Express services rolling out this year to help busy customers save even more time in-store. A similar express experience for Pharmacy customers is expected to launch later this year.
Express Money Services is a new feature in the Walmart app that is combined with in-store Express Lanes* to help expedite customers’ Money Services transactions. To celebrate its launch, Walmart is waiving fees on Walmart2Walmart domestic money transfers initiated using the Walmart App in all stores through September 30, 2017 – saving customers $4 to $16 per transaction and time spent in line at the store.
“We want to make every day easier for busy Iowa families, and offering a seamless shopping experience for Money Transfers makes this a reality,” said Kirsty Ward, vice president, Walmart Services. “The new experience is faster for both associates and customers, and with our offer to send funds fee-free via Walmart2Walmart using Express Money Services, there’s no better time to try our unique service.”
Customers using Express Money Services will enjoy a dramatically faster, easier and more convenient experience using the Walmart App. Previously, customers needed to fill out lengthy money transfer paperwork in stores; now, this work can be done while at home or on-the-go using the Walmart App.
Once at the store, customers can now fast-track through a dedicated Express Lane to quickly complete their transaction. With the help of the app, they simply scan a QR code at the debit reader with their smartphone and pay the cashier; receipts and transaction details are saved electronically – helping to make future transactions even more convenient. The app upgrade also allows customers to easily send pickup information to receivers through email or text message.
Express Money Services is initially available for domestic and international money transfers and will expand to include bill payments and check cashing.
Walmart introduced its groundbreaking money transfer service, Walmart2Walmart, three years ago with the goal of bringing customers dramatically lower costs and a simpler money transfer experience. Since that time, millions of Walmart customers have enjoyed more than half a billion dollars in fee savings using this service.
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Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, over 260 million customers and members visit our 11,695 stores under 59 banners in 28 countries and e-commerce websites in 11 countries. With fiscal year 2017 revenue of $485.9 billion, Walmart employs approximately 2.3 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://corporate.walmart.com on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart.
Ria is the licensed money transfer operator for all Walmart2Walmart domestic money transfer transactions. Walmart acts as the authorized agent of Ria. Ria is a registered trademark of Continental Exchange Solutions, Inc. dba Ria Financial Services, licensed as a Money Transmitter by the Department of Financial Services of the State of New York; licensed by the Georgia Department of Banking and Finance, NMLS ID 920968, LICENSE NUMBER 18943; and authorized independently or through its affiliate, Ria Financial Services Puerto Rico, Inc. OCIF LICENSE NUMBER TM-031, to operate as a Money Transmitter in all United States’ jurisdictions where it conducts business.
*Express Lanes available in the vast majority of Walmart stores.