Re:Walmart Pay
by mikeash on Thursday December 10, 2015 @08:18PM
(#10714920)
What would implementing it in an iOS app even mean? If Walmart wants to support Apple Pay, they just need to use credit card terminals that can do NFC. Is the idea that if Walmart could implement it in their app, they could allow you to pay with some custom Walmart account instead of a credit card?
[ Parent
| on HN ]
The point of companies having their own service like this, is so that the kickback to the charge company goes to them instead.
So instead of 1% of all mobile purchases going to Apple, it goes to walmart instead. With the scale of business Walmart had that can be upwards of a billion dollars a year.