Walmart Payment System To Drop Cash With Cashback Terms
Wal-Mart payment system will be eliminating cashback terms in the future.
The company says the new system will drop the annual fee to 1.75%, down from 2% on all cashback purchases.
Wal-mart says it has seen an average annual fee drop by 10% since it launched its new system.
The retailer also says it will continue to use cashback for many items, including gift cards and credit cards.