Walmart's excessive-profile fight with credit score corporation Visa is apparently nonetheless raging, as the retailer introduced Thursday that all of its shops in Manitoba will no longer receive Visa cards starting next month.
Walmart Canada's Visa ban expands to Manitoba from Thunder Bay. All 16 stores in the province will stop accepting Visa cards on Oct. 24 |
beginning Oct. 24, customers will no longer be capable of use their Visa cards to pay for purchases in all sixteen shops within the province. The commenced in July, while the retailer phased out Visa playing cards from its 3 stores in Thunder Bay, Ont.
The move should spread to other Walmart places in other provinces, a spokesman for Walmart said, with out elaborating. The spokesman said Manitoba turned into decided on for this spherical, because stores within the province are "maximum geared up" to segment out Visa, again with out elaborating.
Walmart has more than 400 stores across Canada.
The dispute between the 2 businesses bubbled over in June, when Walmart announced its purpose to segment out Visa unless it were given a better deal on expenses.
Walmart claims the fees Visa expenses the retailer to procedure payments are too excessive, announcing it pays greater than $100 million a year in such prices and desires that variety diminished. Visa, in the meantime, counters that Walmart already receives some of the bottom fees it has offered to any store in Canada.
"we are committed to continuing negotiations with Visa, and we are still hopeful to reach an settlement," the Walmart spokesman said.
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