Walmart Introduces Walmart Pay

Pay with any iOS or Android smartphone, any major payment type and at
any checkout lane – all through the Walmart app

BENTONVILLE, Ark.–(BUSINESS WIRE)–Walmart knows customers want to save not just money, but also time.
Today, the retailer introduced Walmart Pay – a fast, easy and secure way
for customers to pay with their smartphones in Walmart stores.

Built with the goal of improving how customers check out and
dramatically expanding mobile payment access, Walmart Pay is like no
other mobile payments solution available today. With this launch,
Walmart becomes the only retailer to offer its own payment solution that
works with any iOS or Android device*, at any checkout lane, and with
any major credit, debit, pre-paid or Walmart gift card – all through the
Walmart mobile app. The mobile payment feature will be introduced in
select stores beginning this month, with a nationwide launch to be
complete by the first half of next year.

”The Walmart app was built to make shopping faster and easier,” said
Neil Ashe, president and CEO of Walmart Global eCommerce. “Walmart Pay
is the latest example – and a powerful addition – of how we are
transforming the shopping experience by seamlessly connecting online,
mobile and stores for the 140 million customers who shop with us weekly.”

Twenty two million customers actively use the Walmart app each month and
it ranks among the top three retail apps in the Google and Apple app
stores. The Walmart app enhances the shopping experience in Walmart
stores with features including checking in to pick up an online order at
a Walmart store, refilling pharmacy prescriptions and finding an item’s
store location.

Open, Scan, Done – It’s That Easy

Checkout using Walmart Pay happens in three easy steps:

1. Open: Visit any register, open the Walmart app and choose
Walmart Pay. Activate the camera.

2. Scan: At any time during checkout, simply scan the code
displayed at the register. Walmart Pay is now connected.

3. Done: Associate scans and bags the items… and it’s done. An
eReceipt will be sent to the app and can be viewed at any time.

“The simplicity and ease of Walmart Pay comes not only from how it
works, but also in how it’s been built,” said Daniel Eckert, senior vice
president, services, Walmart U.S. “We made a strategic decision to
design Walmart Pay to work with almost any smartphone and accept almost
any payment type – even allowing for the integration of other mobile
wallets in the future. The result is an innovation that will make the
ease of mobile payments a reality for millions of Americans.”

To learn more about Walmart Pay, please visit news.walmart.com.

About Walmart

Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save
money and live better – anytime and anywhere – in retail stores, online,
and through their mobile devices. Each week, we serve nearly 260 million
customers who visit our 11,504 stores under 65 banners in 28 countries
and e-commerce websites in 11 countries. With fiscal year 2015 revenue
of $486 billion, Walmart employs more than 2 million associates
worldwide. Walmart continues to be a leader in sustainability, corporate
philanthropy and employment opportunity. Additional information about
Walmart can be found by visiting http://corporate.walmart.com,
on Facebook at http://facebook.com/walmart
and on Twitter at http://twitter.com/walmart.
Online merchandise sales are available at http://www.walmart.com
and http://www.samsclub.com.

*Available on any phone that can download the Walmart mobile app.

Contacts

Walmart Media Relations
Molly Blakeman, 1-800-331-0085
http://news.walmart.com/reporter