Scan and go would be incredible if they had a ‘buy with apple pay’ button in the app instead of forcing you to store your real card details. Apple Pay works online too, you know.
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Walmart Stands Firm on Why It Doesn't Accept Apple Pay in the U.S.
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Except they force you to save your real credit card info with all the security risks that entails. I wish they had the ‘pay with apple pay’ button as an option. Apple Pay works online too.
they do everywhere (20+ countries) but the usa and Mexico.
It looks like those reasons only apply in the US and Mexico. Only in those two countries, out of more than 20 where walmart has a presence, they refuse to accept contactless.
You’re wrong about the fees. They’re saving no money. As long as Walmart Pay accepts credit cards they still have to pay fees to visa, mastercard, etc. To Apple they don’t have to pay fees anyway, that’s a widespread myth. Apple doesn’t charge merchants any fees, it only charges fees to banks who let their customers add their cards to apple pay.
But they’re still paying card interchange fees as long as they take chip cards and walmart pay uses people’s credit cards. They’d have to go cash only to avoid the fees. Furthermore, it isn’t just Canada. Walmart has a presence in more than 20 countries and takes contactless in all but two (US and Mexico).
It isn’t just Canada, though. Walmart has stores in over 20 countries and the only ones where they refuse to take contactless are the USA and Mexico.
They already have terminals that can accept contactless, they just turn off the feature via software.
And they don’t save a penny by turning off contactless. As long as they take chip cards and let people store credit card info in their apps they’re still paying all those billions worth of interchange fees.
No the cards exist too. However, it’s too difficult for merchants to allow tap with cards and block apple pay, so they simply shut off contactless altogether when they refuse to accept apple pay.
It isn’t that either. They’re still paying the same interchange fees just by accepting cards at the registers and in their apps. They’d need to go cash only to save those.
They why don’t they go cash only? unless they do that, they’re not saving a penny worth of card network fees because there’s no extra fee for contactless; they’re still paying exactly the same fee on every chip and online (as in their apps) credit card transaction.
And they’re not saving a penny by doing so. Apple doesn’t charge them any fee, and the card networks charge them the same fee whether or not contactless is enabled. No, there must be another reason why they’re refusing.
Except Apple doesn’t charge walmart for accepting apple pay (it’s a widespread myth). Apple charges banks a fee, but not merchants. Furthermore, Walmart still pays credit card fees as long as it takes chip cards and its apps accept credit cards. In other words, contrary to your belief based upon a myth Walmart isn’t saving a penny by shutting off contactless. They have other reasons to do so, which they’ve never revealed, but everything points to harvesting customer data.
Turning off contactless doesn’t save them that 3% fee, though. They still have to pay it when people insert their card or store it in Walmart Pay.
They won’t need to. Outside the US and Mexico, the EU included, Walmart does allow contactless payments.
don’t you wish it had the pay with apple pay button instead of having to store your actual card details in the app?
They accept it in most of the 20+ countries where they have a presence, with the US and Mexico being the only ones where they don’t.
They do have contactless cards in the US. Walmart doesn’t allow any form pf contactless to be used at its stores.