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Jim Walton (Sam Walton's son) owns 96% of Arvest Bank, which is exclusive to Walmart in the Midwest. Arvest is a growing financial network of banks and related
by tzm 11y ago
Jim Walton (Sam Walton's son) owns 96% of Arvest Bank, which is exclusive to Walmart in the Midwest.
Arvest is a growing financial network of banks and related services, which Walmart has been connected to since 1961. It's not a stretch to think that Walmart would create it's own payment network by proxy.
- lost_name 11y agoIt sounds more like they're integrating their stores with their online site. You scan the register you're at when paying for something, and then you can pay with the app -- you probably need your credit card info saved to your Walmart.com profile or something as well.