Walmart will finally accept Apple Pay and Google Pay starting August 24

Walmart will start accepting Apple Pay and Google Pay at some of its stores and Sam's Club locations from August 24, according to a recent announcement. The company plans to roll out the support to all locations by the end of 2026, with fuel stations expected to join by mid-2027. While the reasoning behind Walmart's sudden change remains undisclosed, it is believed that the move may be aimed at boosting its stock price, which has been struggling.

The retail giant has been a stubborn opponent of contactless payments since its inception in 2014, initially endorsing an alternative called CurrentC, which was later hacked and failed to gain traction. Despite its continued promotion of Walmart Pay in recent press releases, Walmart's reversal comes after disappointing earnings reports in May and earlier this month, which led to a significant drop in its stock price.

The company's stock has been at its lowest level in nearly nine months following weak earnings guidance and a 9% decrease in stock value due to same-store sales growth falling short of expectations in the latest quarter.