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Walmart expands payment partnership
As the battle between Walmart Canada and Visa over interchange rates rages on, Walmart Stores is making more strategic moves with Chase.Walmart will now process credit and debit payments on ChaseNet, the bank's closed-loop network, across its 5,000-plus Walmart and Sam’s Club locations in the United States, and on the Sam’s Club e-commerce site. Chase already processes payments for Walmart’s e-commerce channel.