Comment Re:Contactless credit card payments at Walmart (Score 1) 68
Oh and one more thing. Walmart could pull a "Winco Foods" and not accept Credit Card payments at all. In my area there's a Winco Foods about 30 miles from where I live. They only take debit cards, not credit cards. They do beat Walmart's prices so whenever I'm nearby, I take advantage of that.
Yes they could, but they'd lose out on a lot of money. Winco foods likely saw their average receipt size and realized most of their patrons could either do debit or cash. Being a grocery store, cash is likely a viable option if you're not doing big shopping trips and spending $20-40 a trip, and more for debit.
Walmart however does sell more expensive stuff that most people will not have cash for which can be expensive. Think video game consoles, TVs, etc. Limiting yourself to debit and cast would make those transactions very annoying.
It's why Costco always retains a credit card option - because they know cash and debit only get you so far. (And because debit protections are worse, I refuse to use debit, so it'll be cash only).