Walmart customers can now use Chase Pay on Walmart.com within the Walmart mobile application and in its stores through the Walmart Pay app.
The digital payment solution was created for Chase Visa credit and debit cards. It uses token technology—one-time complex codes—to process transactions and keep card information secure. Chase Pay does not interfere with customers earning rewards and receiving offers during payment.
“We are excited about the opportunity to provide our customers with even greater convenience and value to our Walmart Pay app while expanding our relationship with Chase,” said Mike Cook, senior vice president and assistant treasurer for Walmart. “Adding Chase Pay as an option within Walmart Pay and online will create an enhanced experience for our customers.”
The companies last month expanded their relationship by announcing that Chase Visa card transactions at more than 5,000 Walmart and Sam’s Club locations in the United States and at Sam’s Club ecommerce will process through ChaseNet, the bank’s closed-loop network. Both ChaseNet and Chase Pay are scheduled to go live with Walmart in 2017.
Walmart joins a list of high-profile merchants poised to accept Chase Pay, which is currently live on select merchant websites. Chase Pay will launch for mobile payment at participating merchant registers and a form of payment in select merchant apps later this year.
“We’re delighted to strengthen our ties with Walmart to deliver a seamless payment experience to our mutual customers,” said Jennifer Roberts, president of strategic alliances and loyalty solutions for Chase. “Walmart is a great partner that will provide customers yet another way to use Chase Pay for everyday shopping.”
Chase is marketed as the largest U.S. credit card issuer based on loans outstanding.
[Image courtesy of Walmart]