With the outbreak of COVID-19, many people are now relying on digital wallets such as Apple Pay to make transactions. Retailers have begun to accept these wallets in order to make checking out quicker and simpler for their customers.
Walmart is one of the most popular retail stores, and its convenience store locations are a great option for many people. To make things even more convenient for customers, Walmart has introduced several cashless options at its stores.
Does Walmart Have Apple Pay?
It would be great if we could use Apple Pay at Walmart, but unfortunately, the required technology doesn’t exist yet. As of now, there are no plans for Walmart to accept Apple Pay in the future.
Why Does Walmart Not Take Apple Pay?
Apple Pay is a digital payment method used by Apple. With this application, users can connect all their debit and credit cards to make easy transactions both online and in physical stores. However, Walmart does not accept Apple Pay for the following reasons:
Additional Charges
Apple Pay is a product offered by Apple that allows customers to make payments using their phones. Customers don’t have to pay anything additional to use Apple Pay, but every vendor who uses this product incurs a processing fee for the technology. So, if Walmart were to enable Apple Pay, it would take away from profits, which is why you can’t use this payment method at Walmart stores.
They Have Walmart Pay
Walmart correctly predicted that eventually, all profits from a digital payment system would go back to the company itself if it owned the system. Walmart Pay is just such a service – users can store debit cards, credit cards, and even Walmart gift card information on this secure platform. So, at checkout, shoppers use this instead of cash or physical cards.
Given that Walmart Pay is more likely to generate a profit and increase name recognition, Walmart would rather promote its own payment platform over other options like Apple Pay.
What are the Benefits of Using Apple Pay?
Apple Pay is always innovating and bringing out new features that set it apart from other fintech companies, such as Block and Affirm. There are many reasons why Apple Pay is becoming a popular payment method to use on various platforms, some of which include:
- With Apple Pay, there’s no need to bring your physical credit cards or cash with you. Not only is this payment method more convenient, but it also has the security seal from Apple.
- Because it is compatible with most major websites and apps, Apple Pay has a sizable user base.
- Get 2% Daily Cash Back on every purchase you make when you use Apple Card with Apple Pay.
- Apple Pay makes it more convenient for Apple users to make purchases and speeds up the checkout process.
Apple Pay comes automatically installed on your Apple device, so you don’t need to download anything extra. Plus, it’s easy to set up and use.
Accepted Payment Methods at Walmart
It is a fact that Walmart does not accept Apple Pay, but there are a plethora of payment options that you can choose from in order to pay at a Walmart store or online. They accept the following payment methods:
- Walmart Pay
- Debit cards
- Credit cards
- Gift cards
- EBT
- Capital One Walmart credit cards
- PayPal
- Affirm
Please be aware that you cannot use PayPal or Affirm with Walmart Wallet – they are only available at checkout.
Apple Pay or Walmart Pay: Which One is Better?
If you’re wondering whether Walmart Pay is a better alternative to Apple Pay since Walmart doesn’t accept the latter, it really depends on what you need. Both options have their pros and cons, but they serve different purposes.
Although you are limited to using Walmart Pay for transactions solely on the Walmart website, app, or in actual stores, Apple Pay gives you a much wider range of options as it can be used on numerous platforms. In other words, if you have an Apple device, you’ll have more opportunities available to make payments with Apple Pay.
The main difference between Apple Pay and Walmart Pay is that the former can be used for a variety of purposes, while the latter’s primary goal is to increase brand recognition among customers.
How to Add/Edit Payment Methods for Walmart Purchases?
When you are making an online purchase from the Walmart website or the Walmart app, there are some steps that you can follow in order to have a hassle-free buying experience.
Add a Payment Method
- Select Account
- Select Wallet
- Go to Add new payment method
- Select the payment type of your choice
- Provide necessary details
- Select the Save Card upon completion
To make the purchase even faster and way more efficient, use your phone camera to scan your card details. This way, you wouldn’t have to enter them manually.
Final Thoughts
Walmart is a mega industry in itself, and recently it has launched the Walmart Pay payment method. That is why they do not accept Apple Pay. But there are other franchises all over the USA that accept Apple Pay as a viable payment method. Despite their differences, both Apple Pay and Walmart Pay are great payment options.
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