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Walmart and Best Buy Opt Out of 'Apple Pay' as Apple Leverages Required Point-of-Sale Upgrades

Walmart probably knows that their customers can't afford an iPhone 6 anyways, and Best Buy doesn't even have money to pay for their own rent let alone to update their POS terminals.
 
Mazeman said:
I never purchase from Best Buy.
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i used to buy everything from best buy in the early 2000's when amazon didn't really have a good selection of electronics. then i went from about 2004 - 2013 before i ever bought something from best buy

then recently i bought my 13" rMBP 256GB which i scored for $1,168 after stacking the movers coupon and the .edu coupon. can't beat that! haha
 
Walmart, I can understand. They're not exactly a technology-forward company. I go to BB once in a while and now I would be less likely to shop there if they don't offer apple pay.
 
Ill be sure the next time they try to come to nyc I will do what I can to block walmart again....and BestBuy is going out of business. Who are we kidding.
 
Walmart I can understand as they just spent millions buying Chip & PIN terminals from Verifone and Ingenico with the lack of foresight about NFC.

Best Suck (Buy) on the other hand has the NFC readers already, but just deciding not to use it! So now they sell the iPhones as well as many Android phones with NFC, and can't even demonstrate the tech to their own customers! Best Suck, I hope you go under soon!

Fry's electronics? Still uses DOS!! Lol!

Why do electronics retailers have it the worst?
 
Patriot24 said:
If Walmart, Best Buy, and the rest of these clowns have not reversed course by the next big product launch, Apple should simply allocate no stock for them and say, "When you have implemented :apple:Pay, we'll stock your warehouses/stores." That conversation would be over fairly quickly.
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Apple would lose hundreds of thousands of sales doing that. There aren't apple stores everywhere. There are Wal Marts everywhere.
 
"Best Buy and Wal-Mart are instead backing a retailer-owned mobile technology group called Merchant Customer Exchange...MCX's payment service requires only a software download and can be used on existing iPhones and Android devices, whereas Apple's is only for the latest generation handset"

A handset that millions of people will soon own.

I'm not going to download some crappy 3rd-party app just to shop at Best Buy and Walmart. I will, however, use my iPhone 6 to pay for things wherever Apple Pay is supported.
 
thasan said:
if i were apple, i would have spent 5-10B to flood US and europe with apple payment systems. thats the only way to make walmart grovel :(
if not, apple payment will only remain a 'fancy thing' im afraid
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The keynote talked about McDonalds, so that at least shows some lower end market space. Was Target mentioned?

Very surprised by Best Buy. I’m wondering about Microcenters, Fryes, etc.
 
They'll come around. They always do. They can't ignore 100mm+ consumers, or expect them to use (yet another) payment system. I certainly won't.
 
kwrzesien said:
Just got a new Amex card after it had been breached by some merchant recently and it has the chip. Now I just wish there was a credit account that ONLY worked with chip & pin, that it won't work anywhere else so it can't be stolen.
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Well technically if you only used the Chip and Pin portion (IE inserting it into the slot rather then swiping it) - it's be nearly impossible to hack.

Unfortunately not a lot of retailers have the capability to take the chip portion and your left swiping it - which negates the chip in the first place.
 
SandboxGeneral said:
I'm very surprised at Best Buy being a technology retailer and reseller of Apple products to not be on board with this. For shame.
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The last two times I went to Best Buy I couldn't even tell they sold Apple products at all. Most of the store was covered with Samsung Banners and Shopping Centers. I thought I was in the wrong store. The Apple Shop was literally hidden behind all the Samsung signage.
 
Best Buy

I work at Best Buy, and I can tell you that I am really disappointed with their current decision to not support apple pay.

I do however know that the card swipers currently used have NFC, but it is not enabled in our POS system.

As for Walmart, I live like 2 blocks away from one, and I find myself going in their just to grab a couple of things, and it would be really convenient to use apple pay. I guess I will have to go somewhere else. :apple:
 
I could be wrong, but wasn't there a Wal-Mart logo on the slide that shows which retailers would be supporting Apple Pay?
 
genovelle said:
The last two times I went to Best Buy I couldn't even tell they sold Apple products at all. Most of the store was covered with Samsung Banners and Shopping Centers. I thought I was in the wrong store. The Apple Shop was literally hidden behind all the Samsung signage.
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Yeah, they're usually not too big. I really don't recall the last time I was in a Best Buy anyway.
 
monaarts said:
My guess is once they see how successful :apple: Pay is elsewhere they will reverse this decision. I know if I only had my iPhone on me and needed to stop to get some toilet paper, pens, and carrots I would go to Target because they accept :apple: Pay - meaning lost wallet share for Walmart.
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Target was featured in the keynote accepting them on the WEB shopping site, not in the store. The new readers just deployed did NOT deploy with NFC, nor is Pin & Chip active yet.

isepic said:
Walmart and Sam's Club started their new "chip and pin" system just recently --- every-single-time it is used, takes FOREVER, plus, they don't even enter in a pin, just push the card in, 3-4 times later it finally reads it, goes though the slow process of authentication, then asks if you want cash back, then another slow process to finish. Mean while if you had stripe, you'd be done in 30 seconds, Apple Pay, 5 seconds if you have a clean finger :)
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This is what I am hearing - my customers at Target have been HAPPY ours aren't active yet because it is taking eons at WM.
 
BestBuy really only has to worry about in-store purchases on black friday. The rest of the year it's just a showroom for things you can buy cheaper online, and without someone cramming a service plan down your throat.

Considering how much Walmart pinches pennies i'm not surprised at all by their stance. Probably not an urgent matter either until their clientele is due for an upgraded ObamaPhone.
 
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