Walmart is the biggest retail business in America and has many stores across the country with Revenue in 2021 – 572.8 billion USD (source). Walmart stores offer convenience and low prices. They also have bulk items at affordable prices.
Walmart has not been afraid to experiment with new payment methods. Apple Pay is a growing source of digital payments for consumers. It begs the question: Does Walmart Accept Apple Pay?
What is Apple Pay?
Apple Pay allows you to make contactless payments with Apple products. You can store your debit or credit cards digitally on your Apple device. It is the world’s largest mobile payment provider, with 507 million users worldwide. Its goal is to encourage people to ditch their wallets and store their cards on iPhones. This allows you to pay using your phone and not a credit card.
Walmart Pay: How to Pay with iPhone at Walmart
You are in luck if you’re an iPhone user and still want to make a purchase at Walmart using your smartphone.
Why doesn’t Walmart accept Apple Pay?
They had another reason to refuse Apple Pay before they launched Walmart Pay. Their loyalty to Merchant Customer Exchange, or MCX, was the reason.
The company (MCX), accepts only payment solutions that use CurrentC QR codes. Walmart doesn’t use MXC because it is a direct competitor to Apple Pay.
Walmart won’t accept Apple Pay because they can’t capture customer data during a purchase.
This information is extremely valuable because it allows Walmart to send customers customized recommendations and notifications via the Walmart Pay app.