WalMart’s New Debit Card: Targeting the Poor

Written by Gary North on October 10, 2012

Walmart and American Express have teamed up to provide a debit card program for Walmart shoppers. The card will be called bluebird, as in “bluebird of happiness.” Their targeted market is poor people who do not have bank accounts. No one in the banking industry wants them. So, Walmart spotted an opportunity. A poor person […]

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