USA Today – 4/17/14: Wal-Mart is offering another incentive to its customers to spend more time at its stores. The world’s largest retailer introduced a new money transfer service Thursday that it says will cut fees by up to 50% compared with similar services elsewhere. The Walmart-2-Walmart service is being rolled out in partnership with Ria Money Transfer, a subsidiary of Euronet Worldwide. Shares of MoneyGram and Western Union plunged almost immediately Thursday after the announcement.
Click here to read more: http://www.usatoday.com/story/money/business/2014/04/17/wal-mart-jumps-into-the-money-transfer-biz-loudly/7824669

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