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Walmart Pay Imposes Fresh Pressure on Rivals

Writing for Payments Source, Clarus Commerce CEO Tom Caporaso explores the effects of Walmart’s recent launch of mobile payment functionality on its app. Mobile payments are a growth industry, and Walmart’s solo entry into the field could derail a similar effort it’s pursuing with other retailers; put pressure on other mobile payments providers; and strengthen the loyalties of 22 million active Walmart app users.

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