Walmart Announces Apple Pay Competitor 'Walmart Pay' for iOS

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Apr 12, 2001
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Walmart today introduced its own mobile payments service called "Walmart Pay" built into its Walmart app on iOS and Android. The new Apple Pay competitor will roll out in select Walmart stores in the U.S. this month, followed by a nationwide launch within the first half of 2016.


Walmart Pay's QR code-based checkout process will involve opening the Walmart app, selecting Walmart Pay, activating the camera, scanning the code displayed at the register and waiting for the cashier to finish bagging your items. An electronic receipt will automatically be sent to the Walmart app.

The new payments solution will only work in Walmart stores and supports any major credit, debit, pre-paid or Walmart gift card. Walmart says that 22 million customers actively use its Walmart app each month, placing it among the top three retail apps in the App Store and Google Play.


Walmart is among a handful of retailers that have refused to support Apple Pay since its U.S. launch in October 2014. The retailer is instead one of over a dozen retailers committed to the Merchant Customer Exchange (MCX) consortium and its yet-to-launch rival payments service CurrentC.

Walmart's future plans to support Apple Pay remain undisclosed, but the company's senior vice president of services Daniel Eckert said Walmart Pay allows "for integration of other mobile wallets in the future."
"The simplicity and ease of Walmart Pay comes not only from how it works, but also in how it's been built," said Daniel Eckert, senior vice president, services, Walmart U.S. "We made a strategic decision to design Walmart Pay to work with almost any smartphone and accept almost any payment type - even allowing for the integration of other mobile wallets in the future. The result is an innovation that will make the ease of mobile payments a reality for millions of Americans."
Walmart App is free on the App Store for iPhone and Apple Watch. [Direct Link]

Article Link: Walmart Announces Apple Pay Competitor 'Walmart Pay' for iOS
 

captain cadet

macrumors 6502
Sep 2, 2012
404
627
I cannot see this taking off - the fact that I can use apple pay in other stores where I can tap my phone next to the reader and it bring up apple pay automatically.
Here I have to unlock, find the app, open it and then do press a button to pay!
I might as well get my wallet out and card...
 

newdeal

macrumors 68020
Oct 21, 2009
2,378
1,479
uh yeah except for its not easy because there are more steps required to pay and an app you need to download...Apple pay is great for its simplicity although I only have a 50% success rate so far at stores. One gave me a card error message on the terminal (so then I tapped the physical card and it worked fine) and the other kept saying to hold it near the reader even though it was on the reader and the reader was what made apple pay activate so I know it was in the right area. That problem was also just solved by tapping the actual card
 
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jayducharme

macrumors 68040
Jun 22, 2006
3,679
3,465
The thick of it
This sounds every bit as fiddly and awkward as CurrentC.
It basically IS CurrentC. Remember that Walmart was part of that consortium. I can't see how this method of payment will be any more convenient than simply dumping all your items on a checkout counter and swiping with plastic. It seems like Walmart is making a bigger chore out of paying them.
 

MarkThomas1971

macrumors newbie
Dec 10, 2015
5
1



Walmart today introduced its own mobile payments service called "Walmart Pay" built into its Walmart app on iOS and Android. The new Apple Pay competitor will roll out in select Walmart stores in the U.S. this month, followed by a nationwide launch within the first half of 2016.


Walmart Pay's QR code-based checkout process will involve opening the Walmart app, selecting Walmart Pay, activating the camera, scanning the code displayed at the register and waiting for the cashier to finish bagging your items. An electronic receipt will automatically be sent to the Walmart app.

The new payments solution will only work in Walmart stores and supports any major credit, debit, pre-paid or Walmart gift card. Walmart says that 22 million customers actively use its Walmart app each month, placing it among the top three retail apps in the App Store and Google Play.


Walmart is among a handful of retailers that have refused to support Apple Pay since its U.S. launch in October 2014. The retailer is instead one of over a dozen retailers committed to the Merchant Customer Exchange (MCX) consortium and its yet-to-launch rival payments service CurrentC.

Walmart's future plans to support Apple Pay or CurrentC remain undisclosed, but the company's senior vice president of services Daniel Eckert said Walmart Pay allows "for integration of other mobile wallets in the future."Walmart App is free on the App Store for iPhone and Apple Watch. [Direct Link]

Article Link: Walmart Announces Apple Pay Competitor 'Walmart Pay' for iOS
 
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majkom

macrumors 65816
May 3, 2011
1,481
742
still dont get it, what is so awesome about apple pay? I am using nfc debit/credit cards for years, why should I tap phone instead of card near the reader? where is the benefit?
 
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andiwm2003

macrumors 601
Mar 29, 2004
4,346
406
Boston, MA
well, many people go to walmart only once a month and buy a huge amount of stuff. so having a little less convenient way to pay isn't a big deal if you are mainly interested in saving money. I don't shop at walmart but I can see this working for many people. and competition in the payment systems is good unless you want apple to gain a monopoly and raising prices for their service.....
 
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