WalMart Adds Instant Access to Virtual Credit Card to its Mobile Wallet
6-9-2017
WalMart, the nation’s largest retailer, announced in a press release on Wednesday that the retail chain is adding instant access to WalMart credit cards on their WalMart Pay mobile wallet.
Citing the desire to create faster and more convenient mobile payments, customers who are approved for WalMart credit cards will be able to access their card immediately via the WalMart Pay application without having to wait for the physical card to arrive in the mail. That means that from the moment the new customer is approved, their card will be available virtually through the WalMart Pay app to use at all storefront locations and on the retailer’s website.
The announcement comes less than a year after the roll out of WalMart’s mobile payment app.
About ETA
The Electronic Transactions Association (ETA) is the world’s leading advocacy and trade association for the payments industry. Our members span the breadth of significant payments and fintech companies, from the largest incumbent players to the emerging disruptors in the U.S. and in more than a dozen countries around the world. ETA members make commerce possible by processing approximately $56.75 trillion annually in purchases and P2P payments worldwide and deploying payments innovation to merchants and consumers.
ETAs membership spans the breadth of the payments industry to include independent sales organizations (ISOs), payments networks, financial institutions, transaction processors, mobile payments products and services, payments technologies, and software providers (ISV) and hardware suppliers. For more information, visit electran.org.