I tried it once just to check it out. It was a horrible experience.Does anyone use this turd?
Who even shops at walmart.... How can you stand the customers that shop there? It's so bad, there isn't one allowed within San Francisco. Let them expand, but it won't ever overtake apple pay... how about a post of Apple Pay in Target (the lesser of two evils)...?
Guess I'm confused... How can they not accept Apple Pay, Android Pay, etc.? All retailers, by regulation, will have to support chip reader card scanners by the end of this year (which also means NFC capable).
I don't know if canada still does this but when I visit Vancouver/Richmond to hit up some Dim Sum joints - they bring the little card swiping terminal to you at your table when you are ready to pay. Same goes for Hong Kong and Taiwan where I last visited 2 years ago.
In the US they take your card from you and go in the back. That's where the shady business can happen.
Davelfc said:I've been to a Walmart, you wouldn't want to be flashing an expensive phone around there anyway.
I feel this post warrants the use of the word 'pwned' even in 2016TurboPGT! said:They sell iPhones at Walmart.
It's actually easier and cheaper for small stores to upgrade as most of them rent the terminal from the payment processor. New tech comes along, they get a new terminal. It's the big chains with the integrated POS/payment that are resisting because of the cost.A lot of mom and pop stores have NFC enabled terminals. I mean a lot. At least 95% of them that I go to. And I live in Arizona.
Re: the posters who haughtily claim they never shop at Walmart.
The Walmart closest to me is an okay place, clean and well stocked. I find it handy if I need something after most stores have closed (like auto speakers), or I need something in an emergency (like a snowblower when a storm is about to hit!)
Yet another Walmart, in a location frequented by people with low income, is not so nice.
So I wonder if the posters who diss shopping there, might live in less desirable locations to begin with.
They all know that its just a matter of time. Walmart was hoping to cut out VISA and everyone else and take back their 3%, but its not going to happen.
The other factor when talking about Walmart and Target....generally speaking, they are all about logistical efficiency. Point being that if Walmart has rolled out something clunky that causes already long check out times to get worse, you can bet on it being improved quickly and dramatically, or being scrapped. Neither will allow something that slows down the checkout process significantly to hang around long.
Guess I'm confused... How can they not accept Apple Pay, Android Pay, etc.? All retailers, by regulation, will have to support chip reader card scanners by the end of this year (which also means NFC capable).
It's not 3% on every transaction. Most people who shop at Walmart probably don't even qualify for a credit card. Most debit card transaction fees are capped at 1%+10 cents or around there.
EMV and NFC aren't connected in any way when it comes to the liability shift, yet.
IEMV and NFC aren't connected in any way when it comes to the liability shift, yet.
0.05% + 23 cents, IIRC.
And I hate it. Most debit card rewards programs are eliminated now, and those that exist are measly. Also, the % of free checking accounts has gone down since the mandatory reduction in debit card interchange fees, all while our politicians were stupid enough to believe merchants wouldn't take advantage of it and lower their prices instead.
'Besides, isn't your advice to always use a credit card for everything?
I'm wondering whether a lot of the "rewards" we've gotten were precisely because of the waste in the system.
People in Europe and elsewhere seem to like using debit cards with no rewards just fine due to them still being less hassle than cash.
Although it's been a little slower rollout than expected, I am regularly using ApplePay at:
It looks like Chipotle is starting to use it, maybe? I saw a new .))) icon on their cash register.
- Walgreen
- Lowes Foods
- Fresh Market
- Jimmy John's
- Office Depot
- Best Buy
- vending machines at work
In other words, Wal-mart is not relevant for me. I avoid that place like the plague.
If they ignore ApplePay, they may have the same fate as MCX.
In the United States, absolutely, because we have the best credit/charge cards in the world. AMEX isn't as generous in other countries with their perks and rewards structure, and neither are Visa, MasterCard, or Discover. Not only do we have the best rewards system in the world for credit cards, but we also have the least secure payment system of first world countries, well, at least until EMV is accepted everywhere, and merchants are smart enough to not accept the card if the chip isn't being read correctly, rather than accepting a mag-stripe.
The United States is a free market... But that doofus, Durbin, had to stick his hands where they didn't belong, and it's completely screwed up the debit card system resulting in higher bank fees, more bank fees, delay in EMV certifications, and a lower or eliminated rewards structure for most debit cards. I guess Durbin doesn't understand what a capitalist free market is, but then again, politicians don't know anything about this country, they just pretend they do.
So if the debit card market is in demand enough where merchants need/are willing to accept debit cards at a 3% or 4% interchange rate, that's their problem, not ours. Hopefully the next president will ask congress to look back into the Durbin amendment and have it eliminated.
Europeans seem to think differently than Americans when it come to debt
In the past the current rates were justified by "fraud prevention". But if that's no longer as huge of a concern (thanks to EMV and other technologies), how else do you justify those rates?
When you swipe a card it's basically computers doing all the work behind the scenes, so it's not like there's a significant amount of manual effort either.
Most people who shop at Walmart probably don't even qualify for a credit card.
This seems smart. A universal app that people with Android/iPhone/Windows can use.
I'm an Australian and only AMEX and ANZ offer Apple Pay. Almost no one uses it because it is still faster to pull out a card and PayWave.
As Visa recently told Congress, the fraud just moves elsewhere.
In the US, there's been heavy server side R&D into real time fraud detection (which is one reason the US was able to wait much longer to switch to EMV).