Every day millions of people leave their country of origin to emigrate to other countries in the hope of achieving a better future for their family members. The reason for these migrations is hunger, persecution of a religious or political nature, economic and political conflicts, wars, unemployment, natural disasters.
In many places the economy is weak forcing many residents to emigrate to find a better source of income in order to support their families.
Hence, the sending of money or remittances by emigrants in the country where they are found has become popular and then send it to their country of origin.
These money transfers or remittances contribute positively to the country in which the emigrant finds himself because the GDP (Gross Domestic Product) increases.
Many international companies offer this type of service to send and collect money in the currency you need, such as TransferWise, Wester Union, MoneyGram, TransNework, Barri, DolEx, XoomPayPal, Walmart.
What is Walmart?
Born in 1962 in the hands of its creator Sam Walton in the United States, it is also a type of company in partnership, Sam’s strategy was to locate companies in small towns , where people could obtain a wide variety of products at a lower cost .
It is an American company that has a large chain of numerous stores, hypermarkets as well as department stores where you can get discounts.
It also has warehouses, medicine and food stores, clothing stores, restaurants, merchandise, retailers, as well as the option to make your purchase from your home and then withdraw it . Walmart’s purpose is to be able to satisfy and improve in one way or another your quality of life and of all those where its stores and warehouses are located.
Walmart has its own application where you can make your purchases online, the company also guarantees the security of your purchase . In the United States it is known as Walmart but in other countries its name varies, for example in Mexico you can find it with the name of Asda, in Japan it has the name of Grupo Seiyu, in India it is known by the name of Best Price.
The success of this company is so great that many companies, organizations and schools that are in charge of preparing their students in the business field use the strategies used by Walmart.
Not only that, you also have the opportunity at Walmart to use their remittance service or send money to other countries. One of the strategies currently used by this company is the money transfer service whose name is Walmarta2Walmart.
This was achieved under the alliance of Ria and MoneyGram, which are the leading companies of Ripple, which is nothing more than a platform that has open source that allows you to carry out money transactions at low cost and quickly.
How can you charge a money transfer or withdrawal and what is the cost if you want to send money through Walmart?
To be able to collect, withdraw, send money in Walmart you must follow a series of suggestions or steps that I will show you below:
Step 1: First of all, you should go to the Walmart store or warehouse to learn more about the service, or consult the Walmart website and available App.
Step 2: Transfer fees may vary depending on where you send the transfer, payment procedure and amount, since the lowest amount is mostly $ 20 or in some cases it can reach $ 100.
Step 3: The exchange rate is set by MoneyGram, you have to be aware as these rates change constantly due to the market rate.
Step 4: You can send or transfer money from an amount of $ 2,500 but it is important that you keep in mind that for every 30 days that elapse you can only send from $ 6,000 per month.
Step 5: In any of the cases you can cancel the services by transfer, cash, or with a credit or debit card.
Step 6: You need to verify in advance the details of the person to whom you want to send the money and the exact place where it should be withdrawn.
