Walmart unveils prize-linked savings program
Walmart has added to its financial service offerings with a new savings program.
The program, called “Prize Savings,” is a prize-linked savings incentive program available to holders of Walmart MoneyCard, the chain’s branded reloadable pre-paid debit cards, the Associated Press reported.
According to Walmart, it’s the first national and retail prize-linked savings program.
Prize Savings, which launched quietly last August, is being done in partnership with Green Dot Corp., the issuing bank for Wal-Mart's prepaid cards.
Click here to read more.