Walmart primarily uses its own branded system for issuing money orders, commonly known as Walmart Money Orders. In addition to issuing their own, Walmart also facilitates financial services for other money order companies by cashing their products.
Issuing Walmart Money Orders
When you purchase a money order at Walmart, it will typically be branded as a "Walmart Money Order." These are issued directly through Walmart's financial services and are available at the Money Center or customer service desk within most stores. While the money orders carry the Walmart name, they are backed by a reputable financial institution, ensuring their validity and security.
- Purchase Limits: Walmart Money Orders generally have a maximum purchase limit per money order, often up to \$1,000.
- Fees: A small fee is typically charged for purchasing a money order, which varies by the amount and location.
Cashing Money Orders at Walmart
Walmart offers the convenient service of cashing money orders from other providers. According to Walmart's official information:
- Walmart will cash Western Union and MoneyGram money orders.
This means that while Walmart issues its own money orders, it also acts as a point of service for two of the largest money transfer companies, allowing customers to cash their money orders from these providers.
- Cashing Limits: There are limits on the amount that can be cashed, and these may vary by store and the type of money order.
- Required ID: To cash a money order, you will need to present a valid government-issued photo identification.
- Fees: Walmart may charge a small fee for cashing money orders, which can vary depending on the amount and type of money order.
Where to Access Money Order Services at Walmart
Money order services, including purchasing and cashing, are typically available at the Walmart Money Center or the main Customer Service Desk within most Walmart Supercenters and Neighborhood Markets. These centers offer a range of financial services, including check cashing, bill pay, and money transfers, in addition to money orders.
Key Considerations for Walmart Money Order Services
- Security: Money orders are a secure way to send or receive money, as they are prepaid and verifiable.
- Proof of Purchase: Always keep your receipt when purchasing or cashing a money order, as it serves as proof of your transaction.
- Operating Hours: Money Center hours may differ from general store hours, so it's advisable to check your local store's specific operating times for financial services.
