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Discussion Groups: Shopping in Brandon/Westman


Topic: Wal Mart to stop accepting visa cards in Canada
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Brenda

1/5/2017 5:56:47 PM
Member since:
Jul 2005
Total posts:8943
Wal Mart and Visa come to agreement

cardholders can once again use their Visa credit cards as a form of payment in all Walmart stores across Canada.  
 
http://www.cbc.ca/news/business/visa-walmart-1.3923039

Brenda

1/5/2017 5:58:54 PM
Member since:
Jul 2005
Total posts:8943
from Manitoba Net

LinDes

1/5/2017 7:45:08 PM
Member since:
Mar 2009
Total posts:90
Walmart

I wonder how much money Walmart lost out on over Christmas.

Degenerate108

1/5/2017 10:51:03 PM
Member since:
Dec 2008
Total posts:3733
.

  
LinDes said "I wonder how much money Walmart lost out on over Christmas. "

I bet it was the other way around. Further to that, Manitoba isn't exact a huge market, I would venture to think maybe Walmart threatened to up the ante.

ultraguy

1/5/2017 11:51:56 PM
Member since:
Jul 2005
Total posts:1096
.

  
LinDes said "I wonder how much money Walmart lost out on over Christmas. "

Probably not much. Most people that I know who shop there seem to have several credit cards, or would just use debit or cash.

DeSoto Sam

1/6/2017 8:53:43 AM
Member since:
Aug 2008
Total posts:195
We

We didn't shop at Walmart except for twice since they stopped taking Visa. We have other cards but it is in our best advantage to use Visa. Maybe there was a loss of revenue by Walmart.

Johnbisonbear

1/6/2017 9:42:04 AM
Member since:
Mar 2010
Total posts:2856
Absolutely WalMart lost money

they wouldn't have caved if they didn't.

ultraguy

1/6/2017 9:46:31 AM
Member since:
Jul 2005
Total posts:1096
.

  
Johnbisonbear said "they wouldn't have caved if they didn't. "

How do you know it wasn't Visa who caved?

Degenerate108

1/6/2017 12:35:41 PM
Member since:
Dec 2008
Total posts:3733
..

  
Johnbisonbear said "they wouldn't have caved if they didn't. "

Expert in the CBC article says he thinks it was Visa that caved. He goes on to say that Visa would also have to be answering to the banking institutions they work with who carry their cards so there was probably pressure on them from their carriers as well.  
Bottom line. If Walmart has a deal on that new flat screen TV you want, or a video game system or whatever, people found a way to pay, with or without Visa.

Degenerate108

1/6/2017 12:37:08 PM
Member since:
Dec 2008
Total posts:3733
.

  
DeSoto Sam said "We didn't shop at Walmart except for twice since they stopped taking Visa. We have other cards but it is in our best advantage to use Visa. Maybe there was a loss of revenue by Walmart. "

Manitoba Walmart had only not accepted Visa since the tail end of October but you still shopped there twice. That was kind of the point Walmart was making.  
 
Edited by Degenerate108, 2017-01-06 12:38:32

 
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