Walmart Taps Fiserv to Offer Pay by Bank
Finovate
SEPTEMBER 20, 2024
Benefits to Walmart include lower transaction costs, faster settlement, reduced fraud, and fewer payment declines, while customers can avoid stacked pending transactions. Walmart is partnering with Fiserv to enable pay-by-bank payments for online purchases starting in 2025. FedNow and RTP, they don’t necessarily talk to one another.
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