According to the 67th edition of the Fortune 500, Walmart is the most profitable company in the world. More than 10,500 markets, cheap department shops, and grocery stores are owned and operated by the retail giant in 24 countries. More than 2.3 million people are employed by Walmart across the globe; of those, approximately 1.6 million are based in the United States.
You cannot pull off that level of success without catering to all kinds of customers who have different kinds of needs. The people running Walmart know this, and so they’ve opened themselves up to UPI payments in order to maximize their profits and bring in even more customers. With how easy it is to use UPIs, given how everyone has a smartphone nowadays, it is surprising that there isn’t a Walmart Google Pay connection.
So, does Walmart accept Google Pay? The short answer is no. Why this move at a time when Google Pay is at its most popular? Let’s find out!
The Popularity of Mobile Payment Solutions
The use of mobile payment systems and mobile wallets has exploded in recent years. Alipay and WeChat Pay account for the vast bulk of online payments in countries like China. You need only take a quick look at the numbers to see that the popularity of mobile payments is about to skyrocket.
There are already 2.5 billion people using mobile wallets all around the world. By 2025, this number is projected to nearly treble to 4.8 billion. Near-field communication (NFC) is the technology behind most mobile payment solutions. The “contactless” payment technique is made possible by this chip-based technology.
Google Pay is one such solution. The concept for Google Pay began in 2011 with the introduction of Google Wallet for Android devices. It was revealed in 2018 that Google Wallet would be rebranded as Google Pay alongside Google’s other payment options. The partnership between Walmart and Google Pay began in 2018 and lasted until 2022, and was quite successful.
So, Why Does Walmart Not Accept Google Pay?
While the iPhone has meteoric success in the United States, the mobile phone industry is dominated by devices running various versions of the Android operating system. As a result, Google Pay has much greater potential on a worldwide scale than Apple Pay in terms of raw reach. So, why alienate such a wide group of users?
The move by Walmart to not accept digital wallets from third parties may seem like it would only alienate a small subset of its customers. After all, there are probably a lot more people who use Google Pay than Walmart Pay or the Walmart app. The retailer’s decision to stop accepting Google Pay, however, is not without justification.
Walmart, for one, would prefer that customers use its own contactless payment platform rather than that of a rival. The merchant can more easily provide services and promotions like electronic gift cards, reward points, and transaction notifications when they have access to customer payment information.
There’s also the fact that Walmart is obligated by contract with Merchant Customer Exchange (MCX), which supplies Walmart Pay’s mobile payment technology. By not accepting other digital wallets, Walmart can avoid the 2% credit card cost associated with doing so.
So, if not Google Pay, can you use Samsung pay at Walmart? Unfortunately, that’s still a no.
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Understanding Walmart Pay
One of Walmart’s most important payment options is Walmart Pay. This software not only allows users to make payments, but also provides additional features like rewards points, transaction alerts, and digital gift cards.
Customers with an older smartphone can still use Walmart Pay because it uses a QR code payment mechanism. It also doesn’t work with NFC payment technologies, unlike QR codes. While there may be some overlap in how these services function, the underlying payment processing technology is completely distinct.
In the case of Near Field Communication (NFC), your financial data will be sent to the register for wireless payments. To complete your purchase using the QR code, simply scan the code that appears on your screen.
Since no financial information is communicated with this method, calculating your grocery bill with a QR code is considered to be fairly thorough.
Advantages of Walmart Pay
Some have voiced concern that customers who want to use Google Pay, Apple Pay, or another comparable service will be inconvenienced by Walmart’s decision to develop its own mobile payment network. While this is true, there are distinct perks to using Walmart Pay, which we have listed below:
- Walmart Pay is compatible with older smartphones because it uses a QR code payment system.
- If you use Walmart’s self-checkout lanes or a credit card that offers rewards, both of which can be linked to your Walmart Pay account, you’ll get cash back on your purchases.
- You get to benefit from features like electronic gift cards and reward points.
- You can use your debit or credit card to make purchases with this digital wallet.
- The self-checkout lane accepts cash and credit card payments.
- Your wallet is unnecessary for this purchase.
- Walmart Pay, like other digital wallets, eliminates the need to carry around cash or credit/debit cards, making it a safer way to make purchases.
- The use of paper receipts is rendered redundant by Walmart Pay’s automatic receipt-saving feature.
- It’s easy to utilize the Walmart Pay app. If you have used the app before and need to return an item, for instance, you can do so by browsing through your transaction history.
And that’s just the beginning. As it grows and evolves, more and more features will be added to those already featured here, making it one of the best online payment apps out there!
How Do You Use Walmart Pay?
Walmart Pa is easy to use. The app is available for both Android and iOS devices, so you can follow these steps regardless of your operating system and still reap all the benefits! This is what you do:
- Get the Walmart Pay app on Google Play or the App Store.
- Walmart Pay may be accessed from the Services menu after the app is opened. The next step is to enter your payment information into the Walmart Pay area.
- Protect it with a four-digit PIN or your fingerprint.
- Your Walmart Pay account will show a QR code at checkout so you may pay with contactless payments.
Please be aware that all major credit cards (Mastercard, Visa, Discover, and American Express) are accepted in this online wallet. Prepaid credit cards, e-Gift cards, and Walmart Gift Cards are all accepted.
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