The service works with any smartphone that can download the Wal-Mart app. Users can upload store gift cards to the mobile wallet and save all of their receipts digitally. The app also allows customers to upload their receipts to "Saving Catcher" which will automatically reimburse shoppers the price difference if any of the items they have purchased were sold at a cheaper price at another retailer.
The mobile payment service, which first launched in Kansas, Missouri and Oklahoma, is slated to be released nationwide by the end of June. Blakeman said Wal-Mart is currently on track to meet that mid-year deadline.
Wal-Mart is one of several companies that have launched mobile wallet services including Google, Apple, and Samsung.