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Wal-Mart Mobile Pay Service Rollout Complete, Repeat Usage Jumps


Ron Burgundy
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A person walks outside a Wal-Mart store in Mexico CityBy Nandita Bose CHICAGO (Reuters) - Wal-Mart Stores Inc said on Wednesday it has completed the rollout of its Wal-Mart Pay mobile payment service across the United States and that 88 percent of transactions on the payment app are from repeat users. Overall transactions on the app, which the world's largest retailer launched in December, jumped 45 percent in the last week, Daniel Eckert, senior vice-president of services at Wal-Mart US, said on a conference call with the media. Wal-Mart declined to disclose the increase in transactions since the launch, or the number of the mobile app's users in its stores.




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