In a move aimed at inspiring more consumer spending, the retail giant said it will accept more kinds of checks and personal IDs, including passports.
The expansion also includes establishing Express Check Cashing check-out lanes at selected stores during peak hours.
Walmart already cashes payroll, government and tax refund checks.
The additions include pension, insurance and student loan checks up to five-thousand dollars.
Walmart spokesman Daniel Eckert says the company wants to help customers "gain access to all their cash."
With today's announcement, Walmart now cashes most types of pre-printed checks. Examples include:
- Student loan
- MoneyGram money orders
Walmart cashes checks and cards up to $1,000 for $3, and cashes checks up to $5,000 for $6, offering significant savings over many other check cashers.