Consumers Offered Expanded Choice and Convenience with Visa
Acceptance at Sam’s Club Locations
Visa Inc. (NYSE:V) and Wal-Mart Stores, Inc. (NYSE:WMT) today announced
that the companies have entered into an agreement through which Sam’s
Club locations will accept Visa credit cards starting February 1, 2016.
“Everything we do is in an effort to better serve our members and extend
the value of membership. By accepting Visa credit cards, we are giving
our members more ways to shop that are convenient for them,” says Tracey
Brown, chief member officer at Sam’s Club.
“Sam’s Club is the eighth largest retailer in the U.S. and we are
thrilled to open up Visa credit acceptance in their more than 650 clubs
across the U.S. and Puerto Rico,” said Ramón Martín, senior vice
president, merchant solutions, Visa Inc. “Whether in person or online,
our goal is to ensure payments are fast, easy and secure for cardholders
everywhere they wish to shop.”
Sam’s Club currently accepts Visa debit and prepaid products at its
clubs, as well as Visa credit at its fuel stations in the United States,
and online at Samsclub.com. Later this year, Samsclub.com will also
begin supporting Visa
Checkout.
About Visa Inc.
Visa Inc. (NYSE: V) is a global payments technology company that
connects consumers, businesses, financial institutions, and governments
in more than 200 countries and territories to fast, secure and reliable
electronic payments. We operate one of the world’s most advanced
processing networks — VisaNet — that is capable of handling more than
65,000 transaction messages a second, with fraud protection for
consumers and assured payment for merchants. Visa is not a bank and does
not issue cards, extend credit or set rates and fees for consumers.
Visa’s innovations, however, enable its financial institution customers
to offer consumers more choices: pay now with debit, ahead of time with
prepaid or later with credit products. For more information, visit usa.visa.com/about-visa,
visacorporate.tumblr.com
and @VisaNews.
About Sam’s Club
Sam’s Club®, a division of Wal-Mart Stores, Inc. (NYSE: WMT),
is a leading membership warehouse club offering superior products,
savings and services to millions of members in 656 clubs in the U.S. and
Puerto Rico. To learn more about Sam’s Club, visit the Sam’s
Club Newsroom, shop at SamsClub.com,
and interact with Sam’s Club on Twitter
and Facebook.
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