Walmart Opens Up Payment Options with Apple Pay and Google Pay Acceptance
Walmart (NasdaqGS:WMT) is starting to accept Apple Pay and Google Pay in its US stores, reversing a long-standing policy. The retailer will roll out support for both mobile wallets across its point of sale systems after previously backing only its Walmart Pay app.
This shift brings Walmart's in-store payment options closer to peers that already support third-party digital wallets for tap-to-pay transactions. The move is significant as it represents a change in Walmart's payment strategy.
Walmart runs a global network of retail and wholesale stores, clubs, e-commerce sites, and mobile apps. Any shift in how it handles payments touches a huge volume of transactions and gives the retailer another digital touchpoint with everyday shoppers.