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Walmart Stands Firm on Why It Doesn't Accept Apple Pay in the U.S.
- toomuchtodo 2y agoWalmart is moving towards Pay by Bank (running on FedNow instant payment rails) in their app to avoid traditional debit and credit rails, so it doesn't make much sense for them to accept Apple Pay. They currently spend $1B+/year in interchange fees. https://www.bloomberg.com/news/articles/2024-09-19/walmart-plans-instant-bank-payments-cutting-out-card-networks https://www.bloomberg.com/news/articles/2024-09-19/walmart-p... | https://archive.today/ub7XZ https://archive.today/ub7XZ
- deleted 2y ago[deleted]