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Western Union to Offer Money Transfer Services at Walmart Stores

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Western Union  (WU)  is putting a yellow, rollback smily face on its money transfer offerings.

The Denver-based money-movement company on Tuesday announced a new agreement with big-box retail giant Walmart  (WMT)  that will see its services offered at Walmart stores across the U.S. 

Domestic and international money transfers, bill payments and money orders will be offered at more than 4,700 Walmart stores with a rollout planned to begin in the spring, the companies said.

The deal comes as Western Union continues to fight for market share amid growing demand for virtual money transfer services that have only accelerated since the pandemic. 

The Western Union Company was founded in 1851 as a telegram-transmission company. It morphed into a financial services and communications company, eventually discontinuing its telegram service in 2006.

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