▲ 46 ▼ Walmart to accept Apple Pay and Google Pay at all U.S. stores (qz.com) submitted 1 week ago by fne8w2ah@lemmy.world to c/news@lemmy.world 14 comments fedilink hide all child comments
[–] emergencyfood@sh.itjust.works 4 points 1 week ago (1 child) So why didn't they do it till now? permalink fedilink source parent hideshow 2 child comments replies: [–] zikzak025@lemmy.world 9 points 1 week ago (1 child) They wanted to push people onto their shitty app. They wanted people to link their bank details directly to pay so they could farm all that juicy consumer data. permalink fedilink source parent hideshow 2 child comments replies: [–] Taldan@lemmy.world 6 points 1 week ago Linking a bank isn't about consumer data. It's about cutting out all the parment fees Credit cards are expensive to accept. If you're using an Amex through Apple Pay, it's around 5% because of how many layers are taking a cut Walmart's margins would about double without having to pay payment provider fees, which they don't have to pay with direct withdrawal permalink fedilink source parent
[–] zikzak025@lemmy.world 9 points 1 week ago (1 child) They wanted to push people onto their shitty app. They wanted people to link their bank details directly to pay so they could farm all that juicy consumer data. permalink fedilink source parent hideshow 2 child comments replies: [–] Taldan@lemmy.world 6 points 1 week ago Linking a bank isn't about consumer data. It's about cutting out all the parment fees Credit cards are expensive to accept. If you're using an Amex through Apple Pay, it's around 5% because of how many layers are taking a cut Walmart's margins would about double without having to pay payment provider fees, which they don't have to pay with direct withdrawal permalink fedilink source parent
[–] Taldan@lemmy.world 6 points 1 week ago Linking a bank isn't about consumer data. It's about cutting out all the parment fees Credit cards are expensive to accept. If you're using an Amex through Apple Pay, it's around 5% because of how many layers are taking a cut Walmart's margins would about double without having to pay payment provider fees, which they don't have to pay with direct withdrawal permalink fedilink source parent