Walmart is a huge corporation that has a diverse range of products. It has a presence in well over 20 countries and a lot of presence in the United States.
With Apple Pay becoming a more popular digital payment method for consumers, the question arises: Does Walmart take Apple Pay?.
Walmart uses different strategies to grow and expand its business, and its payment system is one of them.
What Is Apple Pay?
Apple Pay is a mobile payment service that allows users to make payments with their iPhone or Apple Watch. With Apple Pay, iPhone users can easily pay for items at participating stores by holding their phone up to the contactless reader. Transactions are secure and private, and there is no need to enter passwords or PINs.
Apple Pay is the largest mobile payment operator, with 507 million clients globally. Apple Pay is supported in iOS apps on the iPhone 6 and later.
Can you use Apple Pay at Walmart?
No, Walmart does not accept Apple Pay payments. The department store chain announces that it has no plans to include Apple Pay, today, or tomorrow.
Instead, Walmart offers its own app called “Walmart Pay,” which allows you to pay for things in shops by scanning QR codes basically a contactless payment system. Similar to the UPI payment system in India.
The other payment method that Walmart Support is:
- Credit card
- Debit, ATM, or check card
- Capital One Walmart credit card
- Gift card
- Chase Pay
- American Express Checkout
Why Doesn’t Walmart Take Apple Pay?
There are several reasons for which Walmart doesn’t accept Apple Pay, and some of them are as follows:
Apple Processing fees
One of the primary reasons Walmart does not accept Apple Pay is the processing cost.
Apple technology is free to use, but only for the Payer, as the card issuer is responsible for charging on their behalf. Depending on the card, the processing cost can be quite high.
Walmart does not accept Apple Pay in order to avoid competing with its own digital payment option.
Walmart collects information about your transactions and sends you notifications about discounts and coupons based on your purchases.
Worst Case Scenario
Well, it’s unlikely that Walmart has considered it, but in a worst-case scenario or World War situation where all Digital Wallets such as Apple Pay, Samsung Pay, and others fail owing to their dependence on NFC.
Walmart Pay will continue to function because it does not rely on near-field communication (NFC) and instead relies on QR codes.
The same thing happened in Russia after international sanctions and the exclusion of all Russian banks from SWIFT payments, causing Apple Pay, Google Pay, Visa, Mastercard, and other payment systems to fail. Russia then developed QR code payments to address the payment system issue.
How to Use Walmart Pay
The Walmart Pay app is free for both Android and Apple device users, and Using Walmart Pay is very easy. Here’s how to set up Walmart Pay.
- Download and install Walmart Pay on your mobile device.
- Create an account by registering and following the procedures.
- Once you’ve created an account, go to “Account” and then “Wallet” on the app to add a credit or debit card to use to pay your bills.
How to use Walmart Pay in Walmart Store:
- Scan your products at any self-service checkout or a staffed checkout lane.
- On the debit reader screen, a one-of-a-kind QR code will appear.
- Open the Walmart Pay app.
- Enter your 4-digit pin code.
- Hover your phone over the QR code on the screen until you hear a sound or receive a message indicating that your transaction was successful.