Wal-Mart Finds Gift Card Error

NEW YORK - Wal-Mart says it had some problems processing gift cards.

Wal-Mart says that once it discovered the problem, it investigated and found that a "third party verifier's systems had an inadvertent processing error."  The retailer said the error caused delays in gift card verifications.

The Bentonville-based company says its working with the vendor to fix the problem as quickly as possible.

When reached for comment yesterday, Wal-Mart said it could not provide any additional details on the matter.

Wal-Mart shares fell 36 cents to close earlier at $48.38.

(Copyright 2007 by The Associated Press.  All Rights Reserved.)