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Walmart unveils new payment system Walmart Pay

11 Dec '15

2 min read

Walmart, the world's largest retailer has introduced Walmart Pay – a fast, easy and secure way for customers to pay with their smartphones in Walmart stores in the US.

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 app. The mobile payment feature will be introduced in select stores in the US beginning this month. A nationwide launch will be complete by the first half of next year, the company said.

”The Walmart app was built to make shopping faster and easier,” said Neil Ashe, president and CEO of Walmart Global eCommerce. “Walmart Pay is the latest example – and a powerful addition – of how we are transforming the shopping experience by seamlessly connecting online, mobile and stores for the 140 million customers who shop with us weekly.”

The Walmart app ranks among the top three retail apps in the Google and Apple app stores. The Walmart app enhances the shopping experience in Walmart stores with features including checking in to pick up an online order at a Walmart store, refilling pharmacy prescriptions and finding an item's store location.

“The simplicity and ease of Walmart Pay comes not only from how it works, but also in how it's been built,” said Daniel Eckert, Senior Vice President, Services, Walmart US. “We made a strategic decision to design Walmart Pay to work with almost any smartphone and accept almost any payment type – even allowing for the integration of other mobile wallets in the future. The result is an innovation that will make the ease of mobile payments a reality for millions of Americans.” (SH)

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