They certainly don't treat their suppliers very nicely. Walmart doesn't negotiate. They know exactly how much it costs to produce a given item, they then add the tiniest amount to that figure and tell the supplier what Walmart will pay them for supplying said item. If a manufacturer or supplier as much as wants to 'discuss' the quoted rate, Walmart turns elsewhere and will not buy from that manufacturer again. With their huge purchasing power they can afford to be arrogant and squeeze every last penny of profit out of their suppliers with impunity. Those supplying Walmart are in most cases just 'shoe-stringing' along to keep their factories operating, and their employees employed.
It's thru such policies that Walmart has squeezed out virtually all smaller mom & pop stores, who invariably pay more wholesale to purchase merchandise, than the price Walmart is able to sell for to consumers. Even many larger chains are struggling to stay afloat. Drive thru small-town America and you'll see all the boarded-up former local shops until you reach the one single Walmart in town, with a full parking lot.
Sadly it's us, the consumers who, with our short-sighted shopping habits, have let this happen. Once all the competition is gone, Walmart will have zero incentive to continue to offer us those 'great prices'.
Because Apple makes things and Walmart sells things. Walmart is the world's largest retailer. If someone is buying an Apple product at Walmart with cash, Apple Pay CurrentC, GooglePay, traveller's checks, layaway—Apple still gets the money.
16 pages so I'm late to the party but..
Do people who can afford iPhones even shop at Wal-Mart?
Seriously though, I'm by no means rich. I get by.. But I refuse to shop at Wal-Mart.
What do you think of apple ignoring eu Directives about making all phone chargers micro USB. . And continuing with their proprietary cable ?
Hopefully they have a better solution that Home Depot for chip cards. I tried to swipe my card their a couple of weeks ago and the clerk told me, because it has a cup, I have to use their chip reader, which requires you insert the card and leave it in the terminal while you answer a bunch of questions (cash back? emailed receipt? coupons? discount card?). You can't take it out until the entire process is complete or you have to start over. I almost walked out and forgot by card because I'm used to swiping it and returning it immediately to my wallet. What a dumb, cumbersome system.
With Apple Pay the steps are (on iPhone):
- Double tap home button to bring up Apple Pay screen;
- Swipe phone on/near Apple Pay terminal when requested by cashier;
Scanning QR codes is basically mobile payment for the sake of mobile payment. It's not better than credit cards in any way.
I don't know what banks or CCs you use or know about in the US. But I contested fraudulent charges on my Chase Debit/CC and within 24-48 hours they were taken off. There WAS an investigation that took about 20-30 days. But they money was back in my account. Amex is extremely responsive.
You might want to try two things. 1) add another card to apple pay (even if you don't intend to keep it in apple pay) and see if that works. That'll let you know if the NFC chip in the phone is really working correctly, not just telling the reader it's nearby. And if that works 2) remove and re-add the card to Apple pay. The banks usually require a verification step after the card is added. Chase for example texts a code. If that step got bungled by the bank, the card will be in Apple Pay but not work right.
How does Apple treat their suppliers?They certainly don't treat their suppliers very nicely. Walmart doesn't negotiate. They know exactly how much it costs to produce a given item, they then add the tiniest amount to that figure and tell the supplier what Walmart will pay them for supplying said item. If a manufacturer or supplier as much as wants to 'discuss' the quoted rate, Walmart turns elsewhere and will not buy from that manufacturer again. With their huge purchasing power they can afford to be arrogant and squeeze every last penny of profit out of their suppliers with impunity. Those supplying Walmart are in most cases just 'shoe-stringing' along to keep their factories operating, and their employees employed.
It's thru such policies that Walmart has squeezed out virtually all smaller mom & pop stores, who invariably pay more wholesale to purchase merchandise, than the price Walmart is able to sell for to consumers. Even many larger chains are struggling to stay afloat. Drive thru small-town America and you'll see all the boarded-up former local shops until you reach the one single Walmart in town, with a full parking lot.
Sadly it's us, the consumers who, with our short-sighted shopping habits, have let this happen. Once all the competition is gone, Walmart will have zero incentive to continue to offer us those 'great prices'.
Would you be happy if Walmart had accepted only Android Pay? But not Apple Pay?Calm down and take your meds. You may have noticed that I said another reason?
Walmart is a nasty and depressing place to shop, and an unethical and hypocritical company.
But, they have specifically chosen to sidestep a great service that they could easily support, and that would not impact their bottom line in order to keep access to my personal information. So yes, that is enough to keep me from shopping there. When a company engages in blatant consumer unfriendly behavior I vote with my wallet.
All you did was describe how a company leveraged their size in order to gain a competitive advantage in the marketplace.They certainly don't treat their suppliers very nicely. Walmart doesn't negotiate. They know exactly how much it costs to produce a given item, they then add the tiniest amount to that figure and tell the supplier what Walmart will pay them for supplying said item. If a manufacturer or supplier as much as wants to 'discuss' the quoted rate, Walmart turns elsewhere and will not buy from that manufacturer again. With their huge purchasing power they can afford to be arrogant and squeeze every last penny of profit out of their suppliers with impunity. Those supplying Walmart are in most cases just 'shoe-stringing' along to keep their factories operating, and their employees employed.
It's thru such policies that Walmart has squeezed out virtually all smaller mom & pop stores, who invariably pay more wholesale to purchase merchandise, than the price Walmart is able to sell for to consumers. Even many larger chains are struggling to stay afloat. Drive thru small-town America and you'll see all the boarded-up former local shops until you reach the one single Walmart in town, with a full parking lot.
Sadly it's us, the consumers who, with our short-sighted shopping habits, have let this happen. Once all the competition is gone, Walmart will have zero incentive to continue to offer us those 'great prices'.
Would you be happy if Walmart had accepted only Android Pay? But not Apple Pay?
All you did was describe how a company leveraged their size in order to gain a competitive advantage in the marketplace.
Apple does the same exact thing when it comes to negotiating with their supplies who provide chips. The more you order the more leverage you have and the more ability you have to win at the negotiating table. It's just smart business.
If you hate Walmart for doing this, then you are a hypocrite for being an Apple fan.
that's a common practice that is not unique to Walmart. Plenty of companies do that, perhaps Apple as well.Hard-nosed negotiations is not a reason to hate Walmart. But there are plenty more. Such as the fact that they are always 120 days out on paying invoices. They do this to float their vendors' money, and make interest. And they do it because they know that companies like UPS (who I personally know they do it to) will not cancel their account. That's despicable and unethical behavior, and it's only one example of the way they operate.
All this hate for W-M, but no one sees this announcement as yet another brick in the wall. The war is on cash payments and anonymous consumer transactions.
Because iPhone users have been screaming for a new way to pay for their Walmart items. /sWalmart Announces Apple Pay Competitor 'Walmart Pay' for iOS
Give over man, every other oems have abided by the rules for years now.. bar one, which you choose to buy products from.. some would say slightly hypocritical on your part.. so IN 2017 you will have an issue with proprietary cables will you.. nope, didn't think so. ..Since the "directive" start date isn't until 2017, not sure you can say they're ignoring this. Since my phone arrives with this proprietary cable not sure this is quite the same.