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Shops are perfectly entitled to pick whether they want to accept cash, card or contactless payments. What they can’t do is charge a different price for different payment types.
Sure they can. They can offer a discount for cash, thereby giving cash buyers a lower price.

Other retailers flat out add 3% to the "cash price" if you pay with a card. Some call it a "non cash adjustment" as shown in the attached receipt.
 

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I’m very late in the conversation here but can somebody please tell me how stores are so selective about cards in the US? In all of Europe, you have contactless payments so Apple Pay and Google Pay work everywhere. We simply don’t think about it.

It’s a case of accepting cards, or not accepting cards.

How is the US so different?
We fought a war so we don't have to be subject to the whims of a king.
 
The fee Apple takes for ApplePay is virtually nothing.

Customers pay nothing.
Merchants pay nothing.

Card issuers pay 0.15%.
Lol in what confused alternate reality do you live? NOT EVEN VISA CHARGES SO LITTLE FOR ITS TRANSACTIONS, and it charges merchants.
 
Ew. Kroger is buying Albertson's, parent of long-time Chicago grocery chain Jewel. I hope they don't pull the Apple Pay capability out of Jewel stores, just as I'm getting back to buying groceries in person.

Guess I can shop the fresh store nearby that's part of a small local chain. In fact, after the other big Chicago chain, Dominick's, got killed by Safeway, some stores became Mariano's (Kroger, again), but many got picked up by independent or small-chain fresh-market themed stores. Those are good too.

I mourn my formerly-excellent-before-Amazon Whole Foods, where I used to be able to get freshly butchered bison meat.

And on the Walmart front, I avoid them as I can, for what they have done to small-town America. When I'm traveling, I'll go out of my way to find an alternate chain (Piggly-Wiggly has a lot of stores in the rural upper Midwest, or Kwik Trip) or local, independent grocers (Grocerylan in Xenia, OH for instance. Why Grocerylan? Well, the current owners bought the Groceryland store, but not the name, and it was more economical to just remove the backlit letter 'd' off the store than to buy a whole new sign). All the stores I mentioned take contactless payments.

OMG!!! Pre-Amazon Whole Foods was A-MAZING!!! The one at Columbus Circle is (was) an amazing place where I actually ate at after landing at LGA and having a 4 hour cab ride to the hotel. Yeah... Went to Columbus Circle and walked around a bit, and saw Whole Foods so stopped in (first time ever). Wow. Lots of stuff, and clean(ish) and a smorgasbord of tasty stuff to eat. It was late dinner time, and the seating area was still clean (for New York). Now? The seating area is usually a hectic disgusting mess. Some stuff I remember seeing isn't there anymore. It's still a good place to grab-and-go for lunch/snack/quickie dinner. Things change. It happens, unfortunately.
 
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Stop it. This story has nothing to do with my personal friends. They are your "friends" too. 🙄

These Apple Card users are part of a demographic—an extremely attractive demographic for retailers. And you're incorrect: Walmart is definitely interested in capturing that part of the demographic. They have highly accurate estimates noting how much money they lose by shunning that demographic.

Look through the archives: you'll see where Target and CVS blocked Apple Pay. Now they accept it. Target and CVS had those same kind of bean-counters on their financial staffs.

Companies like Walmart don't settle for "fine". They want to maximize the financial performance of their company. Growing users and growing functionality on the Apple Card will make this an increasing difficult decision for them.
The few “friends “ I have aren’t stuck up snobs and Walmart will be fine without your “friends “ …
 
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I guess we BOYCOTT Walmart until they do
LOL the LEAST important factor I consider when choosing a store is the exact method used to debit my account. Most of the time at WM I use scan and go anyway. Scan each item as it goes into my cart(If I think ahead I have bags in the cart at the ready). The app keeps a running total including tax, then at the register I scan a QR code in the register screen, tap through a couple of more screens on the app,and my account is debited(I don't use credit cards) and a receipt is generated and I'm on my way.

Do I love Apple pay? Yes! Is it a big freaking deal not to have a merchant accept in in the age of chip cards? Nope. That said If I'm not using scan and go I use my debit card instead of walmart pay because it's faster and more intuitive.

But really getting bent out of shape over it is the epitome of first world problems.
 
Lol in what confused alternate reality do you live? NOT EVEN VISA CHARGES SO LITTLE FOR ITS TRANSACTIONS, and it charges merchants.
Well @monstermash is correct in what they said about Apple taking a very small cut.

The fees aren’t huge. A 2014 FT report claimed banks and payment networks paid 0.15% of the value of each transaction, which means Apple makes $15 out of every $10,000 spent.

When using a contactless card, fees – which are usually around 2% of the transaction levied against the merchant – work like this:

  • The issuer bank (the bank the customer users) typically charges 1.7% of the transaction.
  • The payment network, such as Visa or Mastercard, may take a flat fee of around $0.10.
  • The merchant bank takes 0.2%.
There’s a good piece that looks at some of the variations in this here.

Apple takes a small slice of the interchange fee charged by the issuer bank.

The bottom line is that Apple takes a very small cut out of a very large number.
 
That wasn't my question. It's standard for all card terminals in the UK to accept contactless so they all work with Apple Pay
I get that.

Originally, Walmart, Target, Best Buy, and the drug stores formed a group to do contactless payments securely. Walmart is the only one that stuck with the more unique idea, and they have unique card readers that are likely much less expensive than even what the dollar stores use.

It will takes rules and regulations for Walmart to change.
 
Ew. Kroger is buying Albertson's, parent of long-time Chicago grocery chain Jewel. I hope they don't pull the Apple Pay capability out of Jewel stores, just as I'm getting back to buying groceries in person.

Guess I can shop the fresh store nearby that's part of a small local chain. In fact, after the other big Chicago chain, Dominick's, got killed by Safeway, some stores became Mariano's (Kroger, again), but many got picked up by independent or small-chain fresh-market themed stores. Those are good too.

I mourn my formerly-excellent-before-Amazon Whole Foods, where I used to be able to get freshly butchered bison meat.

And on the Walmart front, I avoid them as I can, for what they have done to small-town America. When I'm traveling, I'll go out of my way to find an alternate chain (Piggly-Wiggly has a lot of stores in the rural upper Midwest, or Kwik Trip) or local, independent grocers (Grocerylan in Xenia, OH for instance. Why Grocerylan? Well, the current owners bought the Groceryland store, but not the name, and it was more economical to just remove the backlit letter 'd' off the store than to buy a whole new sign). All the stores I mentioned take contactless payments.
Interesting. I have disliked Albertsons from my time living in Florida but when I returned to Philadelphia, they had gutted ACME of local specialties. When they bought Safeway, I thought that it was the end.

Kroger is screwy, but they have their act together more than Albertsons. Still, when I was in Ohio, I shopped at Target for most everything.
 
Right, because Apple Pay is what keeps the stores open 🙄
Contactless payments certainly do in many cases, not just Apple Pay. It definitely saves money for business when transactions are nearly instantaneous. Why did credit cards become so popular? Convenience. The same is already happening for contactless payments.
 
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I get that.

Originally, Walmart, Target, Best Buy, and the drug stores formed a group to do contactless payments securely. Walmart is the only one that stuck with the more unique idea, and they have unique card readers that are likely much less expensive than even what the dollar stores use.

It will takes rules and regulations for Walmart to change.
It’s probably less about the expense of NFC, which is pretty cheap these days. It is more that by being the payment provider, Walmart can get more data on it’s customers and use that to market to them.
 
And yet, Walmart doesn't accept Apple Pay. So what does that say about their determination of what they lose by not accepting it?
It says that those executives are idiots. That's exactly what we can say about the executives at Target and CVS who dragged their heels on accepting Apple Pay.

Why yes! That's right! Better for them not to accept it than to accept it, despite what anyone in here thinks.
And you think that Target and CVS should have continued to refuse to accept Apple Pay cards?

Give us your analysis of the financial advantages of refusing to accept this service. Include a discussion why Target and CVS should—or should not—follow the same advice.

Dazzle us with your analysis, monstermash!
 
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So I am becoming a huge fan of Apple Pay since getting their CC. I mean taking my 13 mini out and double clicking to get 2% back everywhere is so freaking easy. Thinking about putting it on my AW, but that means a password which I don't particularly care for.

Looked into getting the Walmart Capital One CC and LOL they only offer 2% back in store. 1.5% cash back there is fine with my other CC.

As a matter of fact, I read Meijer and Aldi takes Apple Pay. Walmart is now not my go to grocery store anymore. And not only for the reason Meijer sells Dirty Bastards ale and Walmart does not.

I have the Capital One Walmart cc and for a year I get 5% back when selecting Walmart Pay. It’s 2% back in store and online if not using Walmart Pay.
 
I have always and will continue to refuse to use the incredibly INCONVENIENT Walmart Pay via a QR code in their app.

It is easier just to pull out my credit card and stick it in the reader than it is to unlock my iPhone, open an app, find the screen with the QR code and then let somebody try to scan the QR code on my phone — sometimes failing to do so and then they reach for my iPhone to take it from me so they can adjust the angle for the scanner. No thank you.

Compare that experience with double tapping the pill-shaped button on my Apple Watch and holding it over the reader. An action that draws delight to this day from people who are ringing me up at checkout. No FaceID or TouchID required just a double tap and a wave from my Apple Watch that has not left my wrist since I authenticated myself.

Today: bought honey from a local vendor via square. Dude was surprised when i just used my watch to pay and thought it was cool.

3 weeks ago: paying for parking, attendant said she did not think the watch would work. I said her reader had the correct NFC payment logo. Gave it a try and she was surprised at how easy it was and thought it was so cool.

A few months ago: somebody checked me out who was wearing an Apple Watch stopped me to ask me to show her how to get her Apple Watch to do that.

Such a great feature at the beach too since you can leave your iPhone behind and Apple Pay still works on Apple Watch with or without cellular.

With Walmart Pay I never had to have the cashier touch my phone. The Walmart App is already open in my phone and in store mode when I shop at Walmart. Once at the register and my purchases are scanned, I scan the QR code in the app and select my Capital One Walmart CC for 5% cash back.
 
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OMG!!! Pre-Amazon Whole Foods was A-MAZING!!! The one at Columbus Circle is (was) an amazing place where I actually ate at after landing at LGA and having a 4 hour cab ride to the hotel. Yeah... Went to Columbus Circle and walked around a bit, and saw Whole Foods so stopped in (first time ever). Wow. Lots of stuff, and clean(ish) and a smorgasbord of tasty stuff to eat. It was late dinner time, and the seating area was still clean (for New York). Now? The seating area is usually a hectic disgusting mess. Some stuff I remember seeing isn't there anymore. It's still a good place to grab-and-go for lunch/snack/quickie dinner. Things change. It happens, unfortunately.
Whole foods still is amazing and they take Apple Pay. The one near me is an Amazon hub plus Whole Foods. Stuff we can’t get anywhere else and we have shopping galore in my neck of the woods.
 
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The easiest solution is for customers to default to traditional cards and cash payments in Walmart... and avoid their App/System of 'convenient' payment at all costs, so that they conclude it's not worth it and shut down the project / This is the kind of boycott that would get attention :D
 
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