As of July 2016, Walmart Canada Will No Longer Accept Visa

Visa will no longer be accepted at any Walmart location in Canada.

Visa and Walmart have been having issues behind closed doors for years now. The latest debacle between the two giants is a pretty big one though. Starting mid-July, Walmart Canada (over 400 locations across the country) will no longer accept Visa credit cards of any kind.

The two companies just couldn’t come up with a reasonable and acceptable fee, so Walmart Canada decided to just discontinue allowing its millions of consumers to use their Visa credit cards at any of their locations across the country.

Something to keep in mind however, is that Walmart Canada is not the first retail chain to not accept Visa. Retail giant Costco, for example.


There are over 50 million Visa credit cards floating around in Canada.
That’s one hell of a lot of lost potential.


Visa charges retailers between 1.42% and 2.08% of the purchase total, which is on par with other credit card companies.

This wasn’t really a smart move on Walmart Canada’s part. Especially considering Visa was actually offering Walmart Canada one of the lowest fee rates to any merchant across the country.

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Last year alone, Canadians tallied up over $232 billion on their Visa credit cards.

Why can’t the pair of you just make up and put all of this nonsense behind yourselves? This will more than likely affect millions of customers over the years.


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What are your thoughts?

Jody Mitoma

Founder of Edmonton Talks News.

35 COMMENTS

    • Venessa Sylvestre
      June 12, 2016 at 6:47 AM
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      Get a Mastercard lol or an Amex…or how about paying cash?! VISA is not the only method of payment. Costco used to only accept AMEX… was it hurting their business? Nope!

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    • Heather Hanrahan
      June 12, 2016 at 8:49 AM
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      MasterCard is the worst!!!! They take up to 10 days to process your payment, and you can get burned with interest during the wait. Not to mention their interest rate is 19.9%. It should be illegal!

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    • Delayna Michelle
      June 12, 2016 at 9:44 AM
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      My payments get to my MC within 3 days, and if you pay the balance off the 19.9% interest rate doesn’t apply. And that interest rate is par for the course compared with Visa and Amex, with is high but most credit card companies offer a low rate card as an alternative.

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    • The Talk of Edmonton
      June 12, 2016 at 12:02 AM
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      It will all start in Thunder Bay with its 3 Walmart locations on July 18th, and other stores will follow suite shortly thereafter.

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  • Justin Harris
    June 12, 2016 at 1:00 AM
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    Meh about time someone steps up to bigger corp. Walmart is a HUGE corp but visa is bigger.

    Telling them to stuff it with their “fees” is a GOOD THING.

    Lost revenue?! Who cares!! This should show consumers that walmart cares about even the littlest fees and not just passing the buck to us…

    I bet they will increase sales because of this.

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    • Jody Mitoma
      June 12, 2016 at 1:34 AM
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      It’s passing me by how removing a form of payment could in turn increase sales/purchases.

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    • Nicole Angelina
      June 12, 2016 at 12:22 PM
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      They are keeping that profit. I doubt they will be lowering their prices in reflection on the money saved, if in actuality there is a higher cost associated.

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    • Justin Harris
      June 12, 2016 at 12:28 PM
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      How can there be a higher cost when walmart doesnt have to pay visa higher fees?

      Keeping that profit but not passing the increased fees to customers…

      Durrrrrr

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  • Karen Ann
    June 12, 2016 at 2:10 AM
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    I don’t know if I would be so quick to say Walmart can’t pull this off without it affecting sales,,,I kinda think that they probably could and maybe just get the “gouging” fee for service companies like Visa to sharpen their pencils and bring some of the costs in line with today’s markets,,,almost everything has started to come down a little, why not services fees as well! Here’s hoping!

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    • The Talk of Edmonton
      June 12, 2016 at 3:41 AM
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      What things have been going down? I thought everything has been going up for decades.

      Also, these merchant service fees don’t affect us as consumers. It only affects Walmart’s final financial status in this case.

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    • Delayna Michelle
      June 12, 2016 at 9:48 AM
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      Uhm … the service fees certainly affect consumers. How do you think companies recover these higher fees – by increasing their prices and cutting staff/services. Walmart won’t take a loss because of credit card fees.

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    • The Talk of Edmonton
      June 12, 2016 at 2:51 PM
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      Yes, but again, Visa was giving Walmart one of the lowest fees in the country. It seems that Walmart may be trying to stay good partners with MasterCard, seeing as they have their own Walmart MasterCard.

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    • Karen Ann
      June 12, 2016 at 5:24 PM
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      Rentals in the Edmonton area for a start,,,,they peeked and started to come down in the last few months,,,,

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    • Karen Ann
      June 12, 2016 at 5:31 PM
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      And yes I agree that this could be motivated by Walmart’s involvement with MasterCard, we’ve seen it before and really just makes sense from a business stand point to try and drive sales to the product that they are a part of. Overall I just don’t see it being that big of a loss to them,,,more times than not people are just going to find another way to pay, if it’s that important that they have to have a credit card to use at Walmart the switch to MC is a no brainer.

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  • Peter Tzagarakis
    June 12, 2016 at 7:18 AM
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    Both of these are predatory, insidious companies that bully everyone they are are involved with, from the vendors they deal with to their consumers. Visa gouges on fees and interest rates and Walmart pushes, vendors, communities and consumers around like no other. These two deserve each other. Don’t feel sorry for either if this divorce is indeed true.

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  • Andreas Wiel
    June 12, 2016 at 8:10 AM
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    Wonder if this has anything to do with Walmart pushing their WM-branded Mastercard??

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  • Sherri Kobes
    June 12, 2016 at 8:16 AM
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    My guess is: their goal is to increase their in house MasterCard applications. No different then Costco. I won’t stop shopping there as I rarely use visa when shopping. It will change how much people over spend there. Which they may find is more then the visa fees.

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  • Shari Sanders Tymo
    June 12, 2016 at 8:22 AM
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    Peter Tzagarakis you nailed it! Couldn’t have said it better.
    The only reason Walmart said “See Ya” is because Visa has been the only company big enough to stand up to their corporate greed and stand their ground.
    Walmart wasn’t able to get their way with a formidable apponent, so they did the only thing they understand, punish by profit…
    Anybody who thinks that the merchant fees CC companies are charging businesses don’t affect consumers, is misinformed. Merchant fees are not considered a cost of doing business, it is passed on to the consumer through pricing, re-stocking fees, & many other creative ways.

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  • Mike Walter
    June 12, 2016 at 9:29 AM
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    They really are not friends with Visa. Walmart and Visa are currently going through many law suits in the US.

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    • The Talk of Edmonton
      June 12, 2016 at 2:53 PM
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      I think it’s safe to say that it is a pretty high number. I haven’t done the research on the topic though, but I am sure there are some statistics out there. 🙂

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  • Ron Barchuk
    June 12, 2016 at 10:24 AM
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    Ya I’ll just take my money elsewhere. Walmart can blow my cock. Greedy assholes make billions and will inconvenience customers to throw another penny on the pile. That’s just sad.

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  • Courtney Thomas
    June 14, 2016 at 5:38 PM
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    Walmart pays a percentage on every purchase made through visa, visa refused to lower their rates for walmart, so either they keep visa and raise prices on almost everything in store or get rid of visa, and keep low prices in stores. It really doesn’t have to do with pushing their MC on you, as you can get a MC with your bank institution and the reason every cashier asks you if you want to apply is because if you say “yes” that’s a $4 extra on the cashiers paycheck, that’s why it seems like they “push” it on you, because that cashier wants more $$

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  • June 25, 2016 at 5:00 PM
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    MasterCard is the worst!!!! They take up to 10 days to process your payment, and you can get burned with interest during the wait. Not to mention their interest rate is 19.9%.

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