After deciding what you want to shop from an online store or send money to a loved one in another country, an online money transfer such as Western Union comes to the rescue. International money transfer services help people complete their transactions and elevate the potential for business growth. In this article we will see Does Target Have Western Union or Not? And what are the modes of payment accepted in target stores.
Unfortunately, Western Union is not found in any of Target stores. Although Target is a retail chain with 1,931 stores operating in the United States of America and has an online shopping presence, there are no money order services offered for shoppers. People can use the process below to complete a transaction in Target stores.
Modes of Payment in Target Stores
Shoppers who want to shop using Western Union will be forced to use the following process:
Step 1. Visit a Western Union Location. Western Union locations might include stores that accept money orders; such stores include Walmart.
Step 2. Get money in cash or transfer to an acceptable Target payment method.
Step 3. Return to the Target store to purchase products.
Alternatively, shoppers can opt to use the accepted payment methods, which include:
- Visa.
- Mastercard.
- Cash.
- Gift Cards.
- Personal Checks.
- Alipay.
- Discover.
- American Express.
- Target Mastercard.
- Target Red Card.
How are Money Orders and Money Transfers used?
Online and retail stores enhance inclusivity by incorporating different payment methods. Since people have preferences, money orders and money transfers offer transaction options for shoppers. They enable people to send money to another person or business to pay for services offered or products consumed. A money order resembles a check with enhanced security. Paying with a money order is fast since a buyer pays prior to a transaction. Money transfer works in electronic format as funds can be transferred to any account regardless of the location.
Why does Target Prefer Money Transfers to Money Orders?
Money Transfers take minutes to reflect, thus essential for accountability. Western Union is a form of money order, and Target prefers to use money transfers. Money transfers have an identification that can trace any transaction between parties.
- Money laundering is a vice that the government of the United States of America tries to eradicate. Since money orders are more secured, it is hard to track and retrieve funds whenever an error arises. People can purchase money orders to avoid suspicion from the banks. Target ensures there is transparency in transactions by taking part in fighting money laundering.
- Cashing a money order requires a fee. Target tries to maximize profits by limiting expenses; thus, the fee charged per transaction is not ideal for business growth.
Are there benefits of Western Union?
Western Union is international, thus creating a platform suitable for international traders. When using Western Union, it is possible to cash the order without the presence of the issuer. The international aspect of the Western Union renders it possible to have cash; the order can be in a different country from the one issued. The form of payment is more secure and allows people without bank accounts to enjoy successful transactions.
Conclusion
Although Target does not have Western Union, there are other payment methods offered to facilitate transactions. Target has been growing through the years as it has been opening more stores and has gained popularity. Customers who want to use Western Union are forced to cash the money orders and pay in cash or transfer it to accepted money transfer methods. Since Western Union is secured, it is hard to trace and retrieve a transaction whenever the need arises. The other preferred money transfer reflects fast, while money orders might have delays and have transaction costs.
Frequently Asked Questions
- Is there a limit on sending money through Western Union?
There is a maximum amount of money set by Western Union as customers are allowed to send up to $9,500 in one transaction.
- What are some of the payment methods offered at Target?
Target shoppers can use money transfers or pay in cash. Electronic banking is encouraged in Target stores are the system is fast and secure.
- What are some of the ways to receive a payment from Western Union?
- One of the ways is by giving bank information to a sender who will send the money directly into the bank account. The money will reflect in the bank after two to five days. The sender must enter the right credential for the full name, International Bank Account Number, and routing number of the recipient.
- Another method is going to personally collect the money at the Western Union branch. Some of the details needed are the address, full name, and Money Transfer Control Number of the sender.
- The last way is to channel the funds to a mobile wallet application. Once you set up a mobile wallet, the only requirement is to give the sender your mobile number.
