Walmart Pay lets you pay with your phone — but only at Walmart

[Wireless News]

http://l3.yimg.com/bt/api/res/1.2/mD.f0fEU89lbNmZKUNaI2g--/YXBwaWQ9eW5ld3NfbGVnbztmaT1maWxsO2g9ODY7cT03NTt3PT EzMA--/http://media.zenfs.com/en-US/homerun/digital_trends_973/1a47ad383589b44bf7cbda92ce4496f8 (http://news.yahoo.com/walmart-pay-lets-pay-phone-053031024.html)Paying with your phone seems to be all the rage these days. First you needed NFC, with the likes of Google Wallet, or Android Pay, and then Apple Pay. Then you needed a Samsung device to work its Magnetic Secure Transmission magic. Now, Walmart is unveiling its own mobile-payment solution-—-Walmart Pay — which requires the Walmart app. It would seem a little too good to be true if it was just an app, but-Walmart’s foray into the mobile payment wars isn’t-like the other payment systems at all. No, you can’t use Walmart Pay at Starbucks. It only works at Walmart stores, and it’s really just a glorified QR code reader. The service is targeted mainly toward people who shop at Walmart a lot, that already use the app to do things like refill their prescription, compare prices on eligible purchases with stores in the area, as well as check the in-store inventory. Related: -Walmart is now selling a $10 smartphone because why not? “Nearly half of our customers bought their online orders on a mobile device,” said Neil Ashe, president and CEO of Walmart Global eCommerce. “That’s double last year, and significantly higher than the industry average.” Technically Walmart Pay should work on any-smartphone, but you need the Walmart app, which is only available on Android and iOS. You can any major credit, debit, prepaid cards, or even add a Walmart gift card. Using it is pretty straightforward: Once you install the-Walmart app and register your card, all you have to do when you reach the cashier is open the app and choose Walmart Pay, activate the camera, and scan the QR code that appears on the debit reader next to-the cashier. You’ll get an electronic receipt once the payment goes through. The company says you can even pay half the bill with cash and the rest through Walmart Pay. “It’s important to note that Walmart Pay is not about improving payment, just for payments sake,” said Daniel Eckert, senior vice president of Walmart. “It’s about how we can use payment to create a better shopping experience for our customers in our stores.” It’s a neat feature if you’re a heavy user of the app or if you shop at Walmart a lot. The service-begins rolling out on December 10 in select stores, and will see a nationwide launch early next year. Also watch: Go almost to space in a balloon, Walmart eyes drones Please enable Javascript to watch this video



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