The phrase describes the process of transferring funds from Mexico to the United States using Walmart’s money transfer services. This typically involves initiating the transfer at a Walmart location in Mexico and having the recipient collect the funds at a Walmart store in the U.S., or potentially through other payout options facilitated by Walmart’s partner money transfer service. An example of its use: an individual in Mexico needs to send money to a family member in the U.S. for living expenses and chooses to utilize this method.
This method of transferring funds is significant due to Walmart’s widespread presence in both Mexico and the United States, offering accessibility and convenience, particularly for individuals who may not have access to traditional banking services. The benefits include potentially lower fees compared to some other money transfer options and the ability to send and receive funds in person, providing a sense of security for some users. Historically, options for cross-border money transfers were limited and often expensive, making services like this a valuable alternative.
