Sam’s Club to Accept MasterCard but Not Visa
By Justin McHenry
Sam’s Club, the warehouse club arm of Wal-Mart, announced yesterday that it is now accepting MasterCard credit cards for purchases at its 589 stores.� Previously Sam’s Club had accepted only Discover Card and its store brand credit cards, as well as debit cards.� Visa will continue to be shut out of Sam’s Club.
The move is a blow to Visa, but may be an even bigger blow to Discover, which up to this point was customers’ only choice if they wanted to use a general-market credit card at Sam’s Club.� This no doubt attracted many customers to Discover who may not have applied for one of their cards otherwise.
A Sam’s Club executive said that the move was in response to customers’ desires for more purchase options at its stores.
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