BENTONVILLE, Ark. -- A leading industry observer of Wal-Mart said a new pilot the retailer is testing that converts personal checks into electronic payment transactions could end up saving the company a lot of money. Wal-Mart spokesman Tom Williams told SN recently the retailer began testing the new program, provided by Tele-Check, Houston, in major cities in Texas and nine other states. He declined to give exact locations. "It's something we are testing and generally when we test a ...

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