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So when Walmart recently indicated its desire to cut out payment companies, the news garnered headlines.
While this move clearly makes financial sense for Walmart, is it thebest option for consumers?
This can happen in person, through a mobile app, online or by phone.
For Walmart, it will be offered to online shoppers,according to The Daily Upside.
However, these automated clearing house (ACH) payments often took up to three days to process.
The new payment option will be offered at Walmart.com online checkout.
The company has already established the option to add pay-by-bank to customers online profiles.
Will Walmart Be a Trendsetter?
Many companies of all sizes have expressed anger at credit card processing fees.
Consumers, in turn, are just as mad when merchants pass those fees along to them.
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