WINNIPEG – Manitoba shoppers won’t be able to use their Visa cards at Walmart stores starting October 24th.
It comes as the retail giant’s dispute with the credit card drags on.
Walmart spokesperson Alex Robertson tells 680 CJOB it hasn’t been a problem since they stopped accepting Visa at its stores in Thunder Bay, Ontario.
“It’s been better than expected so far,” says Robertson. “Customers have switched to alternate forms of payment including cash and debit. The impact overall is less than expected.”
Walmart claims it pays $100 million every year in merchant fees.
Visa says it offered Walmart one of the lowest rates for any merchant in the country but the retailer wanted more.
Robertson says they’ll continue to negotiate the rates but in the meantime, their program to stop accepting the card in the future at other stores will continue.