New Payment Method in Wal-Mart Stores

I’m sure everyone has gone to a super-market to buy one item, and have to stand in line for a long time just to pay for it. To solve this issue, Wal-Mart may have a solution where customers could buy items directly in the aisle, and skip waiting in lines at the cash register.

Using Apples EasyPay featured on the IPhone 4 and 4S, customers could simply scan the bar code, enter their Apple ID, and walk out with the item. Wal-Mart is also interested in Near Field Communication, which is short range wireless technology that enables communication between certain devices to better enhance their payment feature.

I think with the implementation of a payment system like this would be a neat change, rather than waiting in line to pay for an item. Although its convenience, every new type of technology would carry along new vulnerabilities and exploits. I think it would take some time to work out the bugs with a system like that, not only for the customers but for staff to recognize that a customer had actually paid for an and left with it without going to the cash registers.

Source:
http://www.computerworld.com/s/article/9221758/Walmart_tries_new_tech_with_eye_on_consumers?taxonomyId=133&pageNumber=2

http://www.computerworld.com/s/article/9221758/Walmart_tries_new_tech_with_eye_on_consumers?taxonomyId=133&pageNumber=2

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5 thoughts on “New Payment Method in Wal-Mart Stores

  1. That would be pretty neat though — especially if you’re in the store to get one item and go. What about those security bars they usually pin onto clothes? Or what about those products that have multiple barcodes — one for the actual product and one for the Walmart tag. I guess it would take some time to sort that out and get the kinks ironed out. And like you said — there would definitely be some new vulnerabilities. When are they planning on implementing this technology?

  2. I believe that this would be a very cool idea if they could actually get this to work and actually be able to work out all the security threats that would come along with this. For example, it would be so much nicer not to have to wait in long lines any more at the grocery store and it will be very interesting to see if this feature will ever actually be implemented and put into place.

  3. This sounds to good to be true. No more waiting in lines sounds fantastic. Once all of the bugs are ironed out I am definitely do this.

  4. It seems like this would eventually lead to different lines. Instead of waiting to pay you would be waiting to receive the merchandise. Certainly, many stores could simply stock it and somehow scan for a valid purchase but products that have security tags or more expensive things that are kept safer would still need to be handled by an employee first and customers would just end up waiting in line to pick up whatever they paid for instead of waiting to pay for it.

  5. This is an interesting idea – similar to Google Wallet (another Google product probably going to flop because it’s only available on one phone on one carrier). I don’t really like the idea of having a content provider (Apple) be the intermediary of my money, but I don’t know the other option. However, this is a direct threat to credit card companies which I applaud. That industry needs more competition. This can also reduce the 10-items-or-less line and really help people that are just running in the store for something quick and don’t want to wait in line.

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