An announcement has been made by Wal-Mart Stores Inc. and credit card payment giant Visa confirming that Sam’s Club will accepting Visa credit card payments starting from the beginning of February. Sam’s Club, which is the eighth largest retailer in the United States is part of Wal-Mart Inc. and has more than 650 clubs across America and Puerto Rico. The announcement about the agreement was made by Wal-Mart and Visa last week and everything is set for Sam’s Club to start taking Visa credit card payments from 1st February 2016.
Although Sam’s Club does already accept Visa credit cards at its gas stations in America as well as online, its clubs currently only take payment via Visa debit card or prepayment cards, which is something that limits customers who want to use credit products. In addition to its plans to now accept Visa credit card payments at its clubs it has also been announced that consumers will be able to benefit from using Visa Checkout online with Sam’s Club.
Giving consumers more choice
The move to start accepting Visa credit card payments will enable consumers who are shopping at Sam’s Club locations to benefit from greater ease and convenience when it comes to making payments. An executive from the company, Tracey Brown, stated that Sam’s Club was eager to do more to benefit members, which included providing them with more options when it came to payment methods that would be accepted.
Brown added that the company also wanted to enhance the value of being a member, and this was one of the ways in which it hoped to achieve this goal. She stated that by enabling members to use Visa credit cards from February the company was able to provide them with more choice, more ways to shop, and a greater level of convenience.
An executive from credit card payment company Visa also spoke about the agreement with Sam’s Club. Ramon Martin, who is the senior vice president for merchant solutions at Visa said that the service provider was delighted to be entering into the agreement with Sam’s Club. He added that Visa was keen to ensure that payments were speedy, secure and simple for all cardholders whether they were shopping via the internet or in person. Visa, which is a global service provider, now operates in more than two hundred countries and territories around the world.