Wal-Mart revising its money services

Wal-Mart Stores Inc. is making changes to its money-services business, including plans to lower transfer fees and add a digital transfer program for customers.

Wal-Mart said new fees for Walmart2Walmart, a store-to-store moneytransfer service introduced three years ago, could now save customers between 20 percent and 90 percent on cash transfers compared with Western Union. The retailer said customers already have saved nearly $500 million in fees through the use of the service the past three years.

Bluebird2Walmart, a new service from Wal-Mart and American Express, will be available for customers beginning next month. The program will allow account holders of Bluebird — a checking and debit alternative — to digitally send money for cash pickup at Wal-Mart locations.

Account holders can access the new service by visiting Bluebird.com or by using the Bluebird app. The cost of the service is consistent with the new Walmart2Walmart prices, according to the retailer.