Wal-Mart enters mobile payment with launch of Walmart Pay

December 10, 2015 5:31 AM

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Wal-Mart enters mobile payment with launch of Walmart Pay

Wal-Mart Stores Inc (WMT.N) said it would launch 'Walmart Pay,' to become the first U.S. retailer to offer its own payment feature to expand consumer payment options and increase the speed of checkouts.

Walmart Pay will be introduced in select U.S. stores on Thursday and in additional stores after the holiday season, Wal-Mart executives said on a video call with reporters on Wednesday.

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