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Cageym
Posts: 457
Registered: ‎07-31-2012
Walmart, Amex to make financial services announcement Monday

‎10-07-2012 07:33 PM

A Walmart co-branded Amex maybe? http://www.reuters.com/article/2012/10/07/us-walmart-idUSBRE8960MA20121007

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Revelate
Posts: 4,242
Registered: ‎12-30-2011
Re: Walmart, Amex to make financial services announcement Monday

‎10-07-2012 07:36 PM

85% of their transactions in the past were made by cash?  How long as go was in the past? :smileyhappy:

 

I'll certainly be interested to see what they say, Amex definitely needs to revamp some of their practices, this may be one of them enroute to being a more general purpose card issuer / servicer.

 

 

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SwampSystems
Posts: 344
Registered: ‎06-25-2012
Re: Walmart, Amex to make financial services announcement Monday

‎10-07-2012 07:38 PM

I bet it has something to do with a Walmart-branded Serve card.


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ccnewcc
Posts: 466
Registered: ‎09-29-2012
Re: Walmart, Amex to make financial services announcement Monday

‎10-07-2012 07:39 PM

Co-branded annoucment?  Perhaps....but that doesn't sound like amex.  especailly since they just axed the zync

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bostonte
Posts: 225
Registered: ‎10-04-2009
Re: Walmart, Amex to make financial services announcement Monday

‎10-07-2012 07:43 PM

It will be a prepaid card, I'm sure. much like the one Amex brands for Target.

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Cageym
Posts: 457
Registered: ‎07-31-2012
Re: Walmart, Amex to make financial services announcement Monday

‎10-07-2012 07:44 PM

I know it, but there can't be many other reasons to have a joint announcement. Unless Wally-world is buying Amex.LOL

What's in my wallet: Cap1 MC $5K NFCU Sig Visa $20k Amex Zync NPSL Delta Gold $6k BCE $2k Citi Simplicity $5450 Prioriity Select Visa 5.9K
Starting Score: 5/2010 550-ish
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Shogun
Posts: 7,368
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Re: Walmart, Amex to make financial services announcement Monday

‎10-07-2012 07:50 PM

Well it definitely has my attention!

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jsucool76
Posts: 2,622
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Re: Walmart, Amex to make financial services announcement Monday

‎10-07-2012 07:59 PM

The walmart moneycard is offered in a visa and MC version. Chances are they're going to announce an amex version, or somehow play the amex prepaid card into their walmart moneycard equation. 

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Shogun
Posts: 7,368
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Re: Walmart, Amex to make financial services announcement Monday

‎10-07-2012 08:01 PM

If that's the case.  Big woop.  :smileyhappy:

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jsucool76
Posts: 2,622
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Re: Walmart, Amex to make financial services announcement Monday

‎10-07-2012 08:02 PM

Shogun wrote:

If that's the case.  Big woop.  :smileyhappy:

It is gonna be something dumb like that :smileytongue: 

 

I didn't even know about the moneycard until I was at lunch the other day, and the card I wanted to use was trapped behind my walmart card, so I pulled that out, and my buddy goes "oh, you have the walmart prepaid card?" I was like "no..." 

 

#Embarassing :smileytongue: 

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