With fiscal year 2020 revenue of $524 billion, Walmart employs over 2.2 million associates worldwide. Each week, over 265 million customers and members visit approximately 11,400 stores under 55 banners in 26 countries and eCommerce websites. (NYSE: WMT) helps people around the world save money and live better - anytime and anywhere - in retail stores, online and through their mobile devices. The collaboration between Walmart and Western Union continues the two companies’ long-standing commitment to provide value and further financial inclusion for customers.
Since 2014, Walmart has also saved customers more than $1.5 billion across its marketplace financial services offerings. In an age when speed, security, convenience and trust mean everything, we are offering customers greater ease, reliability, access and confidence with every transaction.”įor more than 20 years, Walmart has worked to provide the financial services their customers need through the providers they want, all at transparent prices. and worldwide.”įarah added, "Together with Walmart, we have a shared purpose of supporting our customers who rely on us to send money to make everyday purchases including essentials like health care and groceries. Jean Claude Farah, president, global network at Western Union, said, "We are excited to work together with the world's largest retailer, Walmart, and bring the best of our money movement and payments service capabilities to even more customers in the U.S. “We’re thrilled to soon begin offering Western Union money transfer services at Walmart locations nationwide and, together, continue connecting family and friends worldwide through Western Union’s global money movement platform.” To millions, it’s also a place they trust for their financial needs as well,” Wilbert Noronha, vice president of financial services at Walmart, said. “Walmart is much more than a place where customers shop. With the addition of Western Union, Walmart customers will be presented with more choice, convenience and access than ever before. Millions of Americans rely on Walmart’s transparent, Every Day Low Price strategy to help customers conduct essential financial activities through a marketplace offering. Customers will have the option of their money transfers being paid out in minutes across more than 550,000 retail locations or into billions of bank accounts, wallets or cards. Through Western Union’s global cross-border, cross-currency platform reaching 200 countries and territories worldwide, Walmart customers will have the ability to move money to family and loved ones almost anywhere across the world. Services will be offered at more than 4,700 Walmart stores with a rollout planned to begin in the spring of 2021. The services will include domestic and international money transfers, bill payments and money orders. bringing greater choice and value to millions of customers. 19, 2021 - Walmart (NYSE:WMT), the world’s largest retailer, and Western Union (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today announced a new agreement that will, for the first time, enable Western Union money transfer services at Walmart locations across the U.S.
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