Walmart is to start providing MoneyGram receive services at its stores in Mexico until 2018.

MoneyGram claimed that this contract will ensure its customers can access quick, reliable and convenient money transfer services at Walmart stores.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Since the first agreement signed in 2000, Walmart Mexico has been offering MoneyGram receive services in its five different branded stores.

"Together, we will continue to make investments in marketing and technology to provide customers the best experience."

MoneyGram’s Americas and Europe executive vice-president Pete Ohser said: "The US to Mexico remittance corridor is the largest single country to single country corridor in the world.

"The signing of this new agreement with Walmart Mexico and the recent signing of a new contract with Walmart in the US, demonstrates the companies’ commitment to each other, as well as a shared commitment to our customers on both sides of the border.

See Also:

"Together, we will continue to make investments in marketing and technology to provide customers the best experience when receiving money from friends and family around the globe."

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Consumers can receive payouts at mi Bodega Aurrera, Walmart Super Centers, Bodega Aurrera, Superama, and Suburbia outlets.

Remittances into Mexico have crossed oil as the country’s primary source of foreign income, according to the World Bank’s estimates. More than $25bn was circulated in the country last year.

MoneyGram is an international provider of money transfer and payment services, offering bill payment services, issue money orders and process official checks in selected markets.