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The world's largest retailer introduced a new money transfer service Thursday. The Walmart-2-Walmart service is being rolled out in partnership with Ria Money Transfer, a subsidiary of Euronet Worldwide Inc. (Damian Dovarganes/AP)

11:07 pm ET -

Wal-Mart is jumping into the money transfer business. Starting April 24, customers will be able to transfer up to $50 for a $4.50 service fee and up to $900 for $9.50.

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