Walmart expands mobile payments

Walmart (NYSE:WMT) has expanded Walmart Pay, extending the ability for shoppers to pay with a mobile device to seven U.S. states.

The retailer added Mississippi, Louisiana, Alabama and Georgia to the roster this week, following the introduction of Walmart Pay in Texas, Oklahoma and Arkansas in May.

Shoppers simply open the Walmart app at checkout, choose Walmart Pay and activate the camera. They scan the displayed code and receive an eReceipt on the app that can be accessed at any time.

Walmart claims more than 20 million active users of the app, which also lets shoppers refill pharmacy prescriptions, locate stores and check in to pick up online orders.

The app also includes Walmart's Savings Catcher feature which lets shoppers upload receipts and have items automatically price-checked, then be credited the difference.

"We can't wait to hear what our customers and associates in Alabama think of Walmart Pay. The service was built to make shopping easier and faster, something we know our customers want," said Daniel Eckert, SVP, services for Walmart U.S. "Walmart Pay is a powerful addition to our app, a tool that we're using to transform the shopping experience by seamlessly connecting our online assets and our stores for customers. The service opens the door to new and better ways we can serve the 140 million customers who shop our stores each week."

Walmart had been developing a bigger digital payment program as part of the Merchant Customer Exchange, but MCX ended its test this month and the digital wallet called CurrentC seems destined for the dust heap.

For more:
- see this Walmart press release
- see this HuffPost story

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