Wal-Mart to set up US financial centres
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June 22, 2007, 8:05 am
Filed under: International News
Filed under: International News
Wal-Mart Stores would open financial-service centres in 1 000 stores, three months after withdrawing an application to start a bank, the world’s largest retailer said yesterday.
June 21, 2007
New York – Wal-Mart Stores would open financial-service centres in 1 000 stores, three months after withdrawing an application to start a bank, the world’s largest retailer said yesterday.
Customers would be able to cash cheques, pay bills and transfer money at the centres, the company said in a statement on its website.
Wal-Mart would also offer its MoneyCard debit card nationally. The card does not require a bank account. – Bloomberg
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