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Briefing
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- Walmart Pay – Retail giant Walmart introduced Walmart Pay in mobile app, payment solution that allows customers to pay using their Apple or Android device
- Cards Supported – Supports major credit cards, debit cards, prepaid, and Walmart gift cards
- How It Works – User chooses Walmart Pay from app and uses smartphone camera to scan code displayed at register to connect Walmart Pay
- Customer Base – Mobile app has 24 million registered customers as of October 2015
- Other App Features – Include check-in notice at Walmart store to pick up online order, refill pharmacy prescriptions, and find item’s store location
- Timeline – Walmart Pay available in all Walmart stores beginning summer 2016
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Market Disruption
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Sector
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Financial Services, Wholesale and Retail Trade
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Organization
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Walmart Stores Inc.
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Source
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Original Publication Date
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December 10, 2015
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