Post
Topic
Board Bitcoin Discussion
Re: Walmart Plans Instant Bank Payments, Cutting Out Card Networks
by
tread93
on 22/09/2024, 01:10:17 UTC
Walmart Inc. customers will soon have the option to pay directly from their bank accounts with instant transfers for online purchases. The enhanced feature is a flash point in the escalating tensions between merchants and the card networks setting the fees for payment processing.

[/isealth
https://www.bloomberg.com/news/articles/2024-09-19/walmart-plans-instant-bank-payments-cutting-out-card-networks/

The death of bitcoin. No real world use case to buy things from a major retailer. Walmart knows that taking payments in BTC would be even WORSE than paying merchant processing fees...

I sure hope they bolster up their security for this one when they will literally have everything they need you might as well land them a copy of your social security number while you’re at it haha jk