UPDATE: Wal-mart (WMT) Cheif Marketing Officer Quinn Said Leaving Next Month
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Walmart (WMT) Enters Payment Arena with Walmart Pay
December 10, 2015 6:29 AM ESTToday, Walmart (NYSE: WMT) introduced Walmart Pay a fast, easy and secure way for customers to pay with their smartphones in Walmart stores.
Built with the goal of improving how customers check out and dramatically expanding mobile payment access, Walmart Pay is like no other mobile payments solution available today. With this launch, Walmart becomes the only retailer to offer its own payment solution that works with any iOS or Android device*, at any checkout lane, and with any major credit, debit, pre-paid or Walmart gift card all through the Walmart mobile... More
Wal-Mart adds to mobile wallet frenzy with 'Walmart Pay'
December 10, 2015 12:31 AM ESTBy Sruthi Ramakrishnan and Nandita Bose
(Reuters) - Wal-Mart Stores Inc (NYSE: WMT) launched its own mobile payment service Walmart Pay on Thursday, potentially dealing a sharp blow to the ambitions of a mobile wallet the company had been co-developing with a consortium of retailers.
The mobile payments space in the U.S. has seen a flurry of new launches and partnerships in the past year but has failed to gain traction as customer and merchant adoption have been sluggish.
CurrentC - whose developers included Wal-Mart, Target... More
