US-based supermarket chain Walmart will accept Chase Pay on its website, mobile application and in its outlets through the Pay app.
Chase Pay allows customers to use the digital payment solution to buy conveniently and securely in-store and online while earning rewards and receiving offers.
Intended for Chase Visa credit and debit cards, Chase Pay safeguards customers through token technology, which utilises one-time complex codes to process transactions and keep the card information secure.
The companies last month sealed their deal by announcing that Chase Visa card transactions at more than 5,000 Walmart locations in the US will be processed through ChaseNet, the bank’s closed-loop network.
This will also be adopted at Sam’s Club locations in the US and Sam’s Club e-commerce.
Walmart senior vice-president and assistant treasurer Mike Cook said: “We are excited about the opportunity to provide our customers with even greater convenience and value to our Walmart Pay app while expanding our relationship with Chase.
“Adding Chase Pay as an option within Walmart Pay and online will create an enhanced experience for our customers.”
Chase strategic alliances and loyalty solutions president Jennifer Roberts said: “We’re delighted to strengthen our ties with Walmart to deliver a seamless payment experience to our mutual customers.
“Walmart is a great partner that will provide customers yet another way to use Chase Pay for everyday shopping.”
Both ChaseNet and Chase Pay are scheduled to go live with Walmart next year.
Image: Walmart to accept Chase Pay. Photo: courtesy of Chase Pay.