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Why does Walmart not like Apple Pay?

deeddawg said:
Umm... Which logo is that between Instacart and Apple? :cool:
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Thank you! I thought I was losing my mind, could have sworn I had read that Target was in the initial group of :apple:Pay stores. :cool:

As for WalMart, do the not take any form of NFC payment? I just ask because I didn't think merchants could accept NFC and somehow just turn off :apple:Pay. Of course, if I am wrong somebody please let me know. I'm just happy that Target and Whole Foods are in the initial group of merchants accepting my iPhone payments. Take my money (they both pretty much already do, this just makes it easier)!
 
jlake02 said:
They'll wise up and eventually move to :apple:Pay.

If they don't, it's no more Wal-Mart for me.
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Not necessarily. It'll come down to a question of cost - is the cost of implementing a new POS across all of Walmart to allow for NFC payments greater than the income that might be lost by the people who refuse to shop anywhere that doesn't have NFC? If it is greater, then there's no point in implementing it. Anything a business does has to be expected to be ROI-positive.

It's likely only a relative handful of people would refuse to shop there just over Apple Pay/NFC since:
1. Walmart has a fairly large demographic of users that are not in the overlapping part of the Venn Diagram with Apple users.
2. Of the Apple users who shop there, I'd guess a pretty small subset would give up whatever benefit they derive from Walmart over a payment method that didn't exist until now.

If that's the case, I wouldn't expect them to spend millions and millions to replace their POS and train on the new system.
 
terraphantm said:
Apple pay does indeed stop this if the iPhone keynote was accurate
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Yes, it does. This is just a more secure form of credit card purchase. Your transaction information is not shared with Apple and no marketing nonsense results.

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CoilTap said:
Not necessarily. It'll come down to a question of cost - is the cost of implementing a new POS across all of Walmart to allow for NFC payments greater than the income that might be lost by the people who refuse to shop anywhere that doesn't have NFC? If it is greater, then there's no point in implementing it. Anything a business does has to be expected to be ROI-positive.

It's likely only a relative handful of people would refuse to shop there just over Apple Pay/NFC since:
1. Walmart has a fairly large demographic of users that are not in the overlapping part of the Venn Diagram with Apple users.
2. Of the Apple users who shop there, I'd guess a pretty small subset would give up whatever benefit they derive from Walmart over a payment method that didn't exist until now.

If that's the case, I wouldn't expect them to spend millions and millions to replace their POS and train on the new system.
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Its not about refusing to shop at Walmart, but the costs of the MCX system and the Walmart shoppers that adopt it. I doubt many will based on how it appears it will work. So Walmart may eventually abandon the MCX system, not because of Apple Pay, but because it fails on its own.
 
caesarp said:
Yes, it does. This is just a more secure form of credit card purchase. Your transaction information is not shared with Apple and no marketing nonsense results.

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Its not about refusing to shop at Walmart, but the costs of the MCX system and the Walmart shoppers that adopt it. I doubt many will based on how it appears it will work. So Walmart may eventually abandon the MCX system, not because of Apple Pay, but because it fails on its own.
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I'm not debating or discussing MCX, only why they likely may not adopt Apple Pay.
 
Starfyre said:
Yes! Unlike Target, Walmart has never gotten hacked before and had credit card information and person information stolen by hackers. I dont mind if Walmart doesn't sign up for Apple pay if they are running a tight ship. If Apple pay ever has a vulnerability, at least Walmart is not vulnerable to it.
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At the walmart I worked at they were robbed mid day and nobody even noticed, that is until they did the count that night. They went back and looked at the video and saw two people robbing the cash register. This was during shift change around 4 pm.

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caesarp said:
Yes, it does. This is just a more secure form of credit card purchase. Your transaction information is not shared with Apple and no marketing nonsense results.

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Its not about refusing to shop at Walmart, but the costs of the MCX system and the Walmart shoppers that adopt it. I doubt many will based on how it appears it will work. So Walmart may eventually abandon the MCX system, not because of Apple Pay, but because it fails on its own.
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This is Blu ray and HD-DVD all over again.
 
weaverra said:
At the walmart I worked at they were robbed mid day and nobody even noticed, that is until they did the count that night. They went back and looked at the video and saw two people robbing the cash register. This was during shift change around 4 pm.

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This is Blu ray and HD-DVD all over again.
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Not even close. Its more like Blu-Ray vs. a disc that Walmart prepares for you, loaded with ads and customer loyalty program come-ons, and will only work in the player they sell to you.

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CoilTap said:
I'm not debating or discussing MCX, only why they likely may not adopt Apple Pay.
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They don't have to adopt apple pay, per se, they just have to have NFC compatible card readers.
 
dontwalkhand said:
Walmart came out and said its because they lose the tracking ability, however how can that be? Couldn't they just track the purchase by the device account number instead? I think that the device account doesn't change anyway, just the dynamic CVV. So they shouldn't even lose that advantage.

I personally think it might be Walmart being cheap
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Don't shop at Walmart. Simple. Shouldn't shop there anyway.
 
caesarp said:
Not even close. Its more like Blu-Ray vs. a disc that Walmart prepares for you, loaded with ads and customer loyalty program come-ons, and will only work in the player they sell to you.

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They don't have to adopt apple pay, per se, they just have to have NFC compatible card readers.
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I fully understand that. I'm not sure why you keep taking small parts of my post out of context and trying to make some kind of point with it. In doing so, you're missing the point of what I was saying in exchange for prattling about minutiae.
 
Newtons Apple said:
There is nothing wrong with Walmart! Hating them for not wanting to use Apple Pay is stupid!
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Yes you are right. Hating them for not wanting Apple Pay is stupid.

You know what's not stupid? Hating them because they take advantage of their employees. They underpay them while the executives roll in cash.

I refuse to shop at Walmart because of the way they mistreat their employees.
 
RCRod83 said:
Yes you are right. Hating them for not wanting Apple Pay is stupid.

You know what's not stupid? Hating them because they take advantage of their employees. They underpay them while the executives roll in cash.

I refuse to shop at Walmart because of the way they mistreat their employees.
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Supply and demand. The supply of unskilled workers is nearly equal to the human population of the planet, thus the monetary value of the labor they supply is very low.
 
Simple problem.

Walmart wants to Dictate terms on everything they do.

Apple wants to Dictate terms on everything they do.

Two "Man Crabs" cannot live in the same hole.
 
nebo1ss said:
Simple problem.

Walmart wants to Dictate terms on everything they do.

Apple wants to Dictate terms on everything they do.

Two "Man Crabs" cannot live in the same hole.
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Its really the banks and credit card companies (not Apple) really dictating anything with Apple Pay. Walmart wants to escape credit card transaction fees by using funds directly from your bank account (which is what MCX can do).

The good think about Apple Pay is it works in the existing bank/payement processor eco-system. But from Walmart's point of view, that's bad.
 
mantan said:
Wasn't it reported here that Target would use Apple Pay for their app, but not in stores?
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Yes, you can only use it on their App not in store, and actually for in store they are joining Wal-Mart and the coalition in MCX.
 
I hope MCX burns in hell, it'll be "CDMA" of the retail industry, proprietary, and only people in the US can use, but nobody will want to. Why would I want the merchants to have direct access to my bank account? That doesn't seem secure at all. It pretty much is the same as Target REDCARD Debit.

Also Target may not be wanting Apple Pay in stores because they can't load the REDCARD on it. Target loves the REDCARD
 
As an aside, I love when Target asks me if I'd like to "open a new Redcard account and save 5% today" when my total is like $8.00. Yes, I'd really like to save $0.40 in exchange for a hard pull on my credit. Great deal.
 
CoilTap said:
As an aside, I love when Target asks me if I'd like to "open a new Redcard account and save 5% today" when my total is like $8.00. Yes, I'd really like to save $0.40 in exchange for a hard pull on my credit. Great deal.
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And amazingly when this happens, the person in front of me ALWAYS signs up.
 
CoilTap said:
As an aside, I love when Target asks me if I'd like to "open a new Redcard account and save 5% today" when my total is like $8.00. Yes, I'd really like to save $0.40 in exchange for a hard pull on my credit. Great deal.
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If you shop at Target a lot, it's really a great deal. Of course that's only if you pay off the Redcard every month and not accrue any of their usury-level interest.

I'm really hoping I can link my Redcard to Apple Pay (though it said no store cards at inception), and use that at Target. I keep my Redcard in the third fold of my wallet, and using my phone would really be much easier.
 
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