Walmart expects its new service and competitive fees to be a traffic driver for stores across the U.S. It would also seem that hosting the transactions on-site might keep some of that money in-house for good, if customers turn around and spend the funds on Walmart products.
As of this reporting, this news is still considered rumor status. But the chances of this actually happening are quite good. That is unless Nintendo gets wind and has words with Walmart, which also has a fair chance of happening considering every website is now reporting on this news (Sorry, guys). So if you’re interested in taking advantage of this loophole in the system and sticking it to the man, keep an eye on Walmart around August 9, 2011.