ONTARIO, Canada—Walmart Canada has integrated Western Union's cross-border financial services platform into Walmart.ca to offer online money transfer services to its customers with everyday low fees, Yahoo finance reported.
The companies have also announced an extension to their long-standing retail relationship, maintaining customers' ability to utilize Western Union money transfer services in Walmart stores for 5% less than the nationally published consumer fee rate for Western Union branded consumer-to-consumer transactions.
'We are excited to expand our partnership with Western Union, a trusted partner and leader in money transfer services globally," said Jennifer Jones, vice president, financial services and payments at Walmart Canada. "We are scaling new partnerships and investing in omni solutions designed to drive financial inclusion and offer more ways to serve our customers. Today's launch gives Walmart customers more choice, convenience, and access to affordable financial services to connect with family and friends worldwide, enabling them to save so they can live better."
Global Collaboration
Walmart and Western Union are collaborating on a global scale, offering money transfer services in Walmart stores across Canada, the United States and Mexico, Yahoo Finance noted.
"Western Union and Walmart share an unwavering commitment to put our customers first, providing our service across both bricks and mortar and digital channels to help deliver an exceptional experience," said Gabriella Fitzgerald, president, Western Union North America.
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