Walmart, the nation’s largest retailer has announced it will discontinue its Savings Catcher program in May of this year.
The program offered exclusively to app users, allowed customers to submit their receipts to see if a lower price was found at a competitor. If it was, the difference between the two prices was put on an eGift card for later use.
In announcing the change, Walmart said the program was designed to “catch occasions when a competitor’s price on a nationally advertised item was found to be lower than what you paid for it at Walmart.”
“Since the introduction of the program, we’ve worked hard to lower prices on thousands of everyday items across our stores, which has resulted in our prices winning the vast majority of the time when you submit receipts to Savings Catcher,” the company said. “This tells us that the program’s intent has been met, which was to provide you upfront with every day low prices so that you and your family can save money and live better.”
The last day to submit a Walmart Pay eReceipt to Savings Catcher will be May 14. Any eGift cards remaining on a customer’s app will stay there until they are spent, according to Walmart.
