Quote:
Originally Posted by DoubleF
Does anyone else ever stare in confusion when paying at Walmart and realizing you can't tap pay? I find it weird I can tap pay in random coffee shops and other big businesses for small purchases, but not Walmart.
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If I were to take a guess, I'd say it's for a few factors:
- There is a risk shared between the bank and the merchant with tap, and the merchant tells the bank how much they'd be willing to risk. Some coffee shop it may be $10 or $20, somewhere like Superstore it would be closer to $100. So with that risk comes cost, and Walmart is about keeping costs down.
- Add to that the "don't give a crap" factor of their employees, and if they saw something shady they may not even report it.
- With tap you lose cash back. How much money does Walmart save by needing fewer armoured car pickups for cash?