JP Morgan Partners with Walmart & Best Buy to Crush Apple Pay
American multinational banking and financial services holding company JP Morgan Chase & Co. has announced the launch of its own version of a mobile payment system, Chase Pay, which will allow users to pay major retailers and merchants in the U.S, including the country’s largest retailers Walmart and Best Buy. As a rival platform, the bank’s mobile payment network is set to challenge Apple Pay in various strategies. For example, since its launch a year ago, Apple Pay failed to convince major retailers including Walmart and Best Buy to accept payments through its technology. In fact,....
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Just about a week ago on September 9th 2014, Apple introduced its new Apple Pay payment solution for the iPhone 6 and iPhone 6 plus. The payment solution comes with a range of features that would make shopping on your mobile phone that much more convenient. At the same media launch, Apple announced that they were partnering with various companies and organizations ranging from credit card companies and banks that issue cards, to retailers across the United States. However, several organizations including Walmart and Best Buy were quick to deny any plans to support Apple Pay. Apple Pay and....
Walmart has entered the metaverse with the launch of Walmart Land and Walmart’s Universe of Play on Roblox. The metaverse gaming platform has 52.2 million daily active users and 11.3 billion engagement hours. “Our customers are spending loads of time there,” said a Walmart executive.
Walmart Entering the Metaverse
U.S. retail giant Walmart announced Monday the launch of “Walmart Land” and “Walmart’s Universe of Play” on the metaverse gaming platform Roblox.
The announcement explains that Walmart Land will....
Walmart is finally stepping into the world of FinTech with the launch of Walmart Pay, an application that lets customers check out by scanning a QR code at the register. Launching 5 months after its 2015 announcement, Walmart’s new payment app aims to improve customer experience in the checkout line. With an initial rollout to 600 stores across Texas and....
Welcome back to another Bitcoin News in Review, where we feature some of the biggest stories of the week here on CryptoCoins News. This week, we saw a substantial drop in the bitcoin price, saw Walmart and Best Buy reject Apple Pay, saw a surge in the Peercoin price, and more. Check out this Bitcoin News in Review after the break. Bitcoin Price Drop. At the time of this writing, one bitcoin is worth $402, and was in the $300's earlier this week. What could have caused this large price drop? One theory is that Alibaba's U. S. IPO caused the crash. While it's impossible to know for sure....
Retail giant Walmart says that bitcoin can now be purchased at 200 of its stores in the U.S. The cryptocurrency is offered through Coinstar kiosks located inside Walmart stores. Coinstar is currently offering bitcoin at more than 8,000 kiosks.
Buying Bitcoin at Walmart
Bitcoin can now be purchased at 200 Walmart stores in the U.S., the company reportedly said Thursday. This is part of a pilot program with Coinstar, which operates machines that allow customers to exchange U.S. coins for paper bills or gift cards. The pilot began earlier this month, according to Walmart....