Walmart’s OnePay Could Facilitate Up to $2.5M Daily in Bitcoin Purchases
- Walmart’s OnePay app, in partnership with Zero Hash, supports Bitcoin and Ethereum trading, peer-to-peer transfers, and hosted wallets.
- If enabled for external transfers, the app could facilitate approximately $1.7 to $2.5 million in daily Bitcoin purchases based on user engagement metrics.
- Synchrony is rolling out Walmart cards within the OnePay app, which may later support crypto funding and transfers.
- Ethereum’s average transaction fee is around $0.40, while layer-2 fees range from $0.04 to $0.20.
- Bitcoin’s Lightning network processes payments quickly with minimal fees, enhancing merchant adoption potential.
The integration of cryptocurrency into retail checkout systems like Walmart’s OnePay demonstrates a growing trend towards digital currency adoption among consumers and merchants alike, potentially reshaping payment landscapes.
With the potential for up to $2.5 million in daily Bitcoin transactions through OnePay, the shift towards crypto-enabled retail environments is becoming increasingly significant.(Source)
