Walmart still does not accept Apple Pay even after Kroger, the largest supermarket chain in the States, decided to accept it.
is believed to earn .15% of the value of a transaction paid for with Apple Pay. So a $10 purchase gives a penny and a half to Apple while a $100 purchase puts 15 cents in its pocket.
When you think about how many times a day an iPhone is whipped out to cover a purchase, you can see that even while getting crumbs from your transaction cake, it adds up to plenty of money for the company over a single 24-hour day. Apple would probably be collecting more money from Apple Pay if the nation's largest retailer was onboard. Yes, that's right. You cannot use Apple Pay at Walmart.Considering that every day the discount retailer brings in almost $1.
Walmart's former Senior VP Daniel Eckert told Bloomberg in 2017 that Walmart Pay would soon surpass Apple Pay in the number of shoppers who use the service in eligible stores. At the time, Eckert said,"If daily enrollments don’t slow down, I think that’s pretty well in the cards shortly. I would have to imagine we are getting pretty close.
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