A listing on TranzactCard’s web site suggests its Z-Retailer is stocked with Walmart merchandise.
Versus an precise ecommerce competitor (Amazon, eBay and many others.), this might make TranzactCard nothing greater than a Walmart affiliate.
The TranzactCard web site listing in query will be discovered at “tranzactcard.com/account/uploads/imports”:
What you’re taking a look at are a bunch of CSV databases, populated with product info, particulars and pricing from Walmart.
I doubt these information are presently lively, with TranzactCard extra more likely to be utilizing Walmart’s API system:
To be clear, there’s completely nothing flawed with being a Walmart affiliate or utilizing their API system – anybody can join free.
From a due-diligence perspective this isn’t how TranzactCard pitched Z-Membership. That TranzactCard is only a Walmart affiliate is info that has been hidden from shoppers.
Z-Membership did launch throughout TranzactCard’s November Twelfth-14th launch. The web site was rapidly pulled down nevertheless.
In a subsequent TranzactCard company replace, unspecified “technical delays” was the offered purpose.
Personally what I’m nonetheless unclear on is how TranzactCard goes to fund Z-Bucks.
Each time you spend $1 utilizing your TranzactCard, earn an identical Z-Buck.
Z-Bucks will be spent in Z-Membership making every thing – from on a regular basis gadgets to trip packages – extra reasonably priced.
Walmart definitely isn’t going to eat the loss, and transaction charges alone are nowhere sufficient to funds Z-Bucks. The one different identified income stream TranzactCard has is buyer and member charges.
I think if Z-Membership’s web site was left on-line and purchases had been being processed, TranzactCard membership payment income could be depleted fairly quick. Because of this the positioning was pulled.
Sadly Z-Buck funding stays unclear, as a result of TranzactCard fails to reveal this info to shoppers. I’ve beforehand written about TranzactCard’s disclosure failures being potential violations of the FTC Act.
