Olga Kharif and Matthew Boyle, reporting for Bloomberg:
Available in 4,774 stores, Walmart Pay is enrolling tens of
thousands of new users a day, up from thousands four or five
months ago, said Daniel Eckert, who runs the business. Two-thirds
of the customers who try it also use it a second time within 21
days, he said, giving him confidence Walmart Pay will surpass
“If daily enrollments don’t slow down, I think that’s pretty well
in the cards shortly,” said Eckert, senior vice president for
services and digital acceleration. “I would have to imagine we are
getting pretty close.”
Richard Crone, chief executive officer of researcher Crone
Consulting LLC, estimates Walmart will pass Apple Pay in active
U.S. users — those making at least two transactions a month — by
the end of 2018.
What this guy Crone is saying is that Walmart Pay will surpass Apple Pay in active users — which, I think, is a legitimate metric for comparison. But what about total transactions? I make way more than two transactions per month with Apple Pay. And what about total revenue?
★ Tuesday, 7 November 2017