Walmart launches its own payment system

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http://www.neowin.net/news/walmart-launches-its-own-payment-system

n the face of a growing number of mobile payment options, Walmart has opted to create its own. Launching in selected stores this month and expanding nationally by mid-2016, Walmart Pay will sit inside the existing Walmart app on iOS and Android.

Unlike Apple Pay and Google Play, Walmart is relying on QR codes to finalize payments in-store rather than using NFC technology. By selecting Walmart pay at any register, customers will then scan a QR code. Payment is then automatically processed using any major credit, debit, pre-paid or Walmart gift card the customer has previously entered into the app.
 

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