Walmart still does not accept Apple Pay even after Kroger, the largest supermarket chain in the States, decided to accept it.
If you use Apple Pay or Google Pay when you checkout at the supermarket. the pharmacy, or other retail stores, you see how convenient the whole thing is even if you have to use your fingerprint or face to verify your identity. Apple and Google take such a small slice of your purchase that the big money is made on volume. For example, Apple is believed to earn .15% (not 15% but .15%) of the value of a transaction paid for with Apple Pay. So a $10 purchase gives a penny and a half to Apple while a $100 purchase puts 15 cents in its pocket.
When you think about how many times a day an iPhone is whipped out to cover a purchase, you can see that even while getting crumbs from your transaction cake, it adds up to plenty of money for the company over a single 24-hour day. Apple would probably be collecting more money from Apple Pay if the nation’s largest retailer was onboard. Yes, that’s right. You cannot use Apple Pay at Walmart.
Considering that every day the discount retailer brings in almost $1.6 billion in revenue, certainly a small percentage of that money would have ended up in Apple’s coffers thanks to Apple Pay. Walmart does have its own Walmart Pay system that works with QR codes.
