NEW: Walmart to Offer Check-Cashing Services

Wednesday, December 28, 2011

 

Walmart will begin offering check-cashing services in Rhode Island in 2012, starting with tax refunds as it decides whether to offer the services in the state for the long-term.

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Rhode Island is one of only three states where the company isn't already offering check-cashing.

The company charges 50 cents to cash a check, which raises questions about what will happen to some of the already-existing check-cashing businesses that charge significantly higher rates.
 

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