Description: Wal-Mart has a new way for consumers to send money across the U.S., with simple fees the retailer says cost as little as half as much as “similar offerings on the market.” Ironically, though, one of the other products it undercuts is also offered by Wal-Mart. Let me explain.
Date: Apr 17, 2014
Questions for discussion:
- What competitive advantage does Wal-Mart enjoy in financial services?
- Is it a good move for Wal-Mart?