“QR code-based payments have their benefits like tying debit and credit card transactions to store reward cards and saving receipts in one step, but they still don’t beat the convenience of NFC-based methods like Apple Pay which are less finicky and more secure,” Zac Hall reports for 9to5Mac.
“Major retailer Walmart, however, is pushing forward with its plans to make checking out smarter using its own QR code-based system called Walmart Pay,” Hall reports. “And although the two systems could both be options, Walmart continues to resist other digital wallets including Apple Pay.”
“Pay on iPhones means just waving the device over the checkout terminal,” Hall reports. “Walmart Pay, by comparison, requires having the Walmart iOS app installed, then finding and launching it at the checkout line before scanning a barcode on a terminal with the camera.”
Read more in the full article here.
“Walmart was part of a retailer group in late 2014 that initially opposed Apple Pay and backed CurrentC,” Jan Mason reports for AppleInsider. “Walmart Pay’s usage is limited to just Walmart stores [currently only in Texas and Arkansas].”
Mason reports, “With extra steps and less encryption, offers a slower and less secure experience than Apple Pay.”
Read more in the full article here.
MacDailyNews Take: This antiquated mess (QR codes, seriously?) is nothing but a warmed-over, rebadged CurrentC and just as DOA.
SEE ALSO:
MCX postpones rollout of CurrentC mobile payment system, lays off 30 – May 16, 2016
Why Apple Pay beats chip cards – May 9, 2016
MCX’s CurrentC may not launch until next year – August 12, 2015
CurrentC-backer Rite-Aid capitulates, to accept Apple Pay at 4,600 U.S. stores starting this Saturday – August 11, 2015
Apple Pay rival ‘CurrentC’ to get limited trial run in stores next month – July 24, 2015
Apple Pay stands to gain from MCX’s CurrentC disarray – May 18, 2015
Apple Pay is destroying MCX’s CurrentC – May 11, 2015
Best Buy capitulates, to accept Apple Pay despite CurrentC allegiance – April 27, 2015
Major retailers see Apple Pay wave – November 17, 2014
In only 3 weeks, Apple Pay is changing how consumers pay – November 17, 2014
Boycott CVS and Rite Aid – October 27, 2014
Bad business: CVS and Rite Aid antagonize their most well-heeled customers by blocking Apple Pay – October 27, 2014
CVS stores reportedly disabling NFC to shut down Apple Pay – October 25, 2014
iPhone users earn significantly more than those who settle for Android phones – October 8, 2014
Yet more proof that Android is for poor people – June 27, 2014
More proof that Android is for poor people – May 13, 2014
Apple’s iOS dominates in richer countries, Android in poorer regions – March 25, 2014
Twitter heat map shows iPhone use by the affluent, Android by the poor – June 20, 2013
iPhone users smarter, richer than Android phone users – August 16, 2011
Yankee Group: Apple iPhone owners shop more, buy more, remain more loyal vs. other device users – July 20, 2010