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Wal-Mart offers spending card

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From Times Staff and Wire Reports

Wal-Mart Stores Inc., stymied in its attempts to open a bank this year, is promoting a prepaid spending card that shoppers can use in stores and on the Internet.

The card, called the Wal-Mart MoneyCard, is provided through Visa and doesn’t require a bank account, according to the retailer’s website.

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