Walmart Changes Its Price Match Policy After PS4 Fraud
This is why we can’t have nice things.
A few days ago, some people decided to game the system and use Walmart’s price match policy to get PlayStation 4s for ridiculous prices. I mean, like $60 cheap prices. This happened because someone created a bogus third party listing on Amazon for the PlayStation 4 for ridiculously cheap prices; and since Amazon always displays the lowest prices on its web page (even if those prices are coming from a third party retailer or vendor), the system appeared to be $60 on the site. People could then easily go to Walmart and have them price match, according to their own price match policy.
Well, the gig is up, the scam is over, the fraud is done. Though you get to keep your PS4 if you managed to get it from Walmart for that nuts cheap price, Walmart itself has changed its price match policy to ensure that this will not ever happen in the future.
The new price match policy lists major online retailers it will price match, and also explicitly states that marketplace vendors, third-party sellers (one of the ways this ordeal started), retailers requiring a membership and auction sites including eBay aren’t eligible under the new revision.
Walmart confirmed that it had suffered major losses thanks to this entire scam, but it would not specify exactly how much.