Why does Walmart not take Apple Pay?

Consumers have many questions about why Walmart does not take Apple Pay. Some people may be surprised to learn that despite the technology’s popularity, not all retailers accept it. This blog post will explore does Walmart take apple pay and possible plans for the service.

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What is Walmart?

Walmart is a multinational retail company with headquarters in Arkansas. It runs grocery stores, discount department stores, and hypermarkets worldwide. Walmart is a multinational corporation based in Bentonville, Arkansas; in 1962, Sam Walton founded this company, and it was incorporated on the 31st of October 1969. Walmart operated under 55 names in 27 countries on January 31, 2020, with 11,484 stores and clubs.

The firm is known as Walmart in the United States and Canada; in Mexico and Central America, it is known as Walmart de México y Centroamérica, and so on. Since August 2018, Walmart has held only a minority stake in Walmart Brazil, with 20% of the shares, and private equity firm Advent International holds 80% ownership of the company.

Does Walmart take apple pay?

The answer to this question “does Walmart take apple pay 2022” is no and there are too many reasons of this. One reason is that Walmart has its payment system, known as Walmart Pay. Customers can use their smartphones to pay for goods at Walmart stores thanks to Walmart Pay, a free service. Customers can link their credit or debit cards to the app and then use their phones to scan a QR code at the register to complete a transaction. Walmart Pay is accepted at all Walmart stores, and the company has said it is working to make the service available at more retailers in the future.

Another reason Walmart does not take Apple Pay is that the retailer has partnered with another mobile payment service called CurrentC. CurrentC is a mobile payment system developed by a consortium of major retailers, including Walmart that allows customers to pay for purchases with their smartphones. CurrentC is not as widely accepted as Apple Pay, but it is accepted at some retailers in addition to Walmart.

The main reason Walmart does not accept Apple Pay is the MCX (Merchant Customer Exchange). Walmart Company uses the MCX payment system with the help of Walmart pay, and in this way, they save the 2% of credit card charge that is applicable after accepting Apple Pay. For Walmart, the expense of ending sales for the year is more significant than appealing to all their customers.

Does the Walmart Pay app worth it or not?

You can download the Walmart pay app, which is worth downloading if you shop every day; this app is the best alternative to Apple pay. First, you have to link your payment form with the Walmart pay app, and then you have the opportunity to complete all your purchases. Not only will you pay quickly if you use QR codes at checkout, but besides this, if you require your eReceipt in the future, it will be saved on your account.

We can say that this app benefits Walmart customers, but it would be best if you consider that some features are unavailable in every state. Before using the app, you should check the website to ensure that the service is available where you live.

Conclusion:

With the help of this article, it is clear that does Walmart take apple pay 2022 or not. However, the main reason behind this is that it doesn’t want to pay Apple a cut of every transaction. Instead, Walmart has developed its payment system, which is just as convenient for customers.

Check out: Walmart Cash Back Limit: Credit, Debit & Check (2022)