Walmart Pay

Type: Mobile Payment System

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About Walmart Pay

Founded	2016
Headquarters	Bentonville, Arkansas, United States
Market share	Walmart Pay is part of Walmart's broader strategy to enhance customer experience and compete with other mobile payment solutions.
Major competitors	Apple Pay Google Pay Samsung Pay PayPal
Notable partnerships	Collaboration with major banks for payment processing. Integration with third-party loyalty programs and promotions.
Recent developments	Expansion of features to include bill payments and money transfers. Partnerships with financial institutions to enhance payment options.
Regulations	Walmart Pay complies with local and federal regulations regarding electronic payments and consumer data protection.
Security	Uses encryption and tokenization to protect user data. Requires user authentication through a PIN or biometric verification.
Official website	https://www.walmart.com