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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

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[–] 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

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