Wal-Mart App Close to Surpassing Apple Pay in Usage

The video discusses Walmart's mobile payment strategy, highlighting its competition with Apple and the use of QR codes. It explores Walmart's initial talks with Apple to blend technologies and details the process of using Walmart's mobile payment system. The video also analyzes Walmart's pricing strategy, which lacks a loyalty program, and addresses consumer hesitancy towards mobile payments due to security concerns.

What was surprising about Walmart's announcement during their investor day?

• They introduced a loyalty program.

• They surpassed Apple in mobile payments.

• They launched a new product.

• They partnered with Amazon.

What was one of the main differences between Walmart's and Apple's mobile payment systems?

• Walmart uses a QR code system.

• Apple uses a QR code system.

• Walmart uses a swipe system.

• Apple requires a special app.

What is a necessary step to use Walmart Pay at the register?

• Use a fingerprint.

• Enter a PIN.

• Scan a QR code.

• Swipe your phone.

Why does Walmart not offer a loyalty card like most retailers?

• They partner with other loyalty programs.

• They have a digital rewards system.

• They offer discounts through their app.

• They believe in everyday low prices.

What percentage of people are still concerned about the security of mobile payments?

• 75%

• 25%

• 50%

• 10%