from Hacker News

Walmart Stands Firm on Why It Doesn't Accept Apple Pay in the U.S.

by stalfosknight on 1/23/25, 5:40 PM with 1 comments

• by toomuchtodo on 1/23/25, 5:42 PM

  Walmart is moving towards Pay by Bank (running on FedNow instant payment rails) in their app to avoid traditional debit and credit rails, so it doesn't make much sense for them to accept Apple Pay. They currently spend $1B+/year in interchange fees.

  https://www.bloomberg.com/news/articles/2024-09-19/walmart-p... | https://archive.today/ub7XZ