By Anne Steele 

Visa Inc. and Wal-Mart Stores Inc. on Tuesday said warehouse club retailer Sam's Club would accept Visa credit cards starting Feb. 1.

The partnership follows the September announcement that Sam's Club would accept American Express Co. cards . Sam's Club also accepts its own cards and those from Discover Financial Services.

Sam's Club currently accepts Visa debit and prepaid products at its clubs, as well as Visa credit at its U.S. fuel stations and online. Later this year, Samsclub.com will begin offering Visa Checkout.

Sam's Club operates 650 locations in the U.S. and Puerto Rico, and about a third of those stores share a parking lot with a Wal-Mart. Over the summer, Sam's Club laid out a strategy to be less like its parent by targeting wealthier shoppers with more organic food, brand-name clothes and pricey furniture.

Write to Anne Steele at Anne.Steele@wsj.com

 

(END) Dow Jones Newswires

January 19, 2016 09:06 ET (14:06 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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