Wal-Mart Brings Falling Prices to the Volatile World of Money Transfers

Photograph by Daniel Acker/Bloomberg

Wal-Mart Stores often relishes the role of price disruptor, and the retail behemoth has now turned its penny-pinching attention to the business of transferring cash. That has caused great distress for MoneyGram, a Walmart partner for transfers and now newly minted rival, as well as other incumbents.

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