Online and Unbanked? Walmart.com Lets You Pay With Cash
Taking aim at the many Americans who don't have a credit card or checking account but are inclined to shop online, Walmart is now allowing customers to pay in cash for online orders.
CheckCashing
Cashing a Tax Refund Just Got Easier for the Unbanked
As many as 60 million Americans have limited or no access to banking services, and many of them will get tax refunds this spring. Typically, this is where payday lenders come in, cashing the checks for big fees, but now there's a new cashier offering to do it for much less: Walmart.
Wal-Mart Expands Check Cashing Service
The largest public corporation by revenue is moving into a decidedly low-rent business. Following its usual strategy, the big box store will charge less than competitors when handing out cash. With approximately 9 million unbanked U.S. households, according to the FDIC, this could be big business.
