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Walmart-backed OnePay adds wireless plans to everything app
Walmart-backed OnePay offers credit and debit cards, high-yield savings accounts, buy now, pay later loans and a digital wallet with peer-to-peer payments.
Photo downloaded from OnePay website
OnePay, the fintech firm majority owned by Walmart, is launching its own branded wireless plan as it seeks to become a one-stop shop for its users, CNBC has learned.
OnePay Wireless will be available starting Wednesday in the OnePay app, according to Gigs, the mobile services startup that partnered with the company.
The plan costs $35 a month for unlimited 5G data, talk and text on the AT&T network, Gigs said. The plans are activated in-app with a few clicks and don’t require credit checks or activation fees, the startup said.
OnePay, created by Walmart in 2021 alongside venture firm Ribbit Capital, has methodically built out its offerings in a bid to become an American super app akin to overseas offerings like WeChat or Alipay. OnePay services include credit and debit cards, high-yield savings accounts, buy now, pay later loans and a digital wallet with peer-to-peer payments.
The OnePay-Gigs partnership is the latest example of a fintech firm adding wireless connectivity to its product set; Klarna and Nubank have made similar announcements.
Gigs CEO Hermann Frank said that embedding wireless plans into fintech services can lower AT&T’s customer acquisition costs — savings which can be shared with end users.
“The average consumer largely overpays for their phone bill,” Frank said. “We can now offer a product at a price point that is about half what the typical consumer pays right now, with all the modern features that you require.”
OnePay confirmed the launch and declined to comment further.
Alison Roberts & Henri AstierBBC News, in Lisbon and London
ReutersPortuguese officials investigating Wednesday’s deadly funicular crash in Lisbon say a cable along the railway’s route snapped, but the rest of the mechanism was functioning properly.
“After examining the wreckage at the site, it was immediately determined that the cable connecting the two carriages had given way,” a statement by the national transport safety office said.
The brakeman tried to apply emergency brakes but failed to prevent the derailment, the investigators add.
Sixteen people died and about 20 were injured when the upper carriage of the iconic yellow Glória funicular railway crashed into a building.
Five of those killed were Portuguese along with three Britons, two South Koreans, two Canadians, an American, a Ukrainian, a Swiss and a French national, police said.
The 140-year-old funicular is designed to travel up and down Lisbon’s steep slopes, and is an important form of transport for the city’s residents – and a popular tourist attraction.
Although the brakeman activated the pneumatic brakes and a manual brake when the cable came loose, it is not clear whether another, automatic brake came on as it was supposed to, the report states.
It says the carriage was travelling at about 60km/h (37mph) when it hit the building.
The seven-page statement also says the cable was only 337 days into its expected 600-day operational life.
It is still unclear how many victims were travelling on the carriage – which can hold about 40 passengers – and how many were on the street, the document states.
Six of those injured were admitted to intensive care, while three sustained minor injuries.
The investigators stress they have not reached “valid conclusions” about the cause of the crash and will provide a full preliminary report within 45 days.
Portugal’s Prime Minister Luis Montenegro described the incident as “one of the biggest tragedies of our recent past”.
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Italian Grand Prix: How Max Verstappen surpassed fastest F1 cars in history in taking Monza pole
Verstappen has not won since the Emilia-Romagna Grand Prix in May.
One might have expected the four-time champion to be pessimistic of turning this into a win, as the McLaren has generally had a much bigger advantage in races this year than in qualifying, because it is so good on its tyres.
But Verstappen was relatively optimistic after qualfiying.
“I don’t sit here and think it is going to be easy to be in front of McLaren,” he said. “The whole season has shown that.
“This season we have had a few good qualifyings but in the race we always seem to struggle a little bit compared to them.
“I am going to give it a good go. Friday, my long run was nice. I’m not sure it is going to be enough but if we can do something similar and they don’t improve too much then I have a feeling that maybe we have a chance.
“To stay here will be tough but we will see what we can do.”
McLaren team principal Andrea Stella explained the technical reasons why Verstappen might be more competitive over a race distance this weekend than previously.
Stella explained that the McLaren was the fastest car in the corners but was losing time on the straights in qualifying.
“In racing, the corners become quite a bit longer, because you brake earlier, you go later on throttle, so the grip-limited area extends, and this would make our car just naturally more competitive,” he said.
“However, from what we have seen in terms of lap times in practice, if we take the lap times that Verstappen was able to do, they were very comparable to ours. I think he has done a whole long run in 1.23s, which is very fast, very competitive.
“We have seen good lap times for Ferrari, good lap times for Mercedes.
“The Tarmac is very high grip after the resurface last year. I think there won’t be necessarily much degradation, and it won’t be the natural characteristic of McLaren being very good when the grip is low.
“I think the field will be much more compact, not only in qualifying like we have seen today, but also in the race.”
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UFC Paris live updates: Nassourdine Imavov vs. Caio Borralho results, round-by-round analysis, highlights
Uncrowned has UFC Paris live results, round-by-round updates, start time and highlights for the Nassourdine Imavov vs. Caio Borralho fight card on Saturday afternoon at the Accor Arena in Paris, France. Rising middleweight contenders Imavov and Borralho collide in a five-round main event that’s expected to serve as a title eliminator for UFC champion Khamzat Chimaev, while French lightweight faces off against Borrlaho’s Fighting Nerds teammate, Mauricio Ruffy, in the three-round co-headliner.
Imavov (16-4, 1 NC) punctuated the best run of his UFC career in February with a massive second-round stoppage of two-time former champion Israel Adesanya. A 30-year-old French national who goes by the nickname “The Sniper,” Imavov has won four consecutive UFC bouts, also besting fellow contenders Jared Cannonier, Brendan Allen and Roman Dolidze.
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Borralho (17-1, 1 NC) has similarly been on fire since debuting under the UFC umbrella with back-to-back wins on Dana White’s Contender Series over a span of just three weeks in 2021. The 32-year-old Brazilian is a perfect 7-0 in the UFC proper, and shot up the ranks on the heels of his latest two victories over Paul Craig and Cannonier. Borralho also served as the promotion’s official backup fighter for UFC 319’s middleweight title bout between Chimaev and now-former champ Dricus du Plessis.
In the co-main event, Saint Denis (14-3, 1 NC) looks to continue his recent rebound following his second-round submission of Kyle Prepolec this past May, which snapped a two-fight losing skid. He’ll have his work cut out for him though, as Ruffy (12-1) is undefeated in the UFC and most recently scored one of the wildest knockouts of the year with his first-round spinning wheel kick of King Green at UFC 315.
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The UFC Paris start time for the preliminary card is at 12 p.m. ET on ESPN+. The main card begins live at 3 p.m. ET on ESPN+.
Follow along with Uncrowned’s live UFC Paris: Imavov vs. Borralho results, highlights and live blog below, including round-by-round play-by-play of the final two bouts of the day.
Main Card (ESPN+, LIVE NOW)
Middleweight: Nassourdine Imavov vs. Caio Borralho
Lightweight: Benoit Saint Denis vs. Mauricio Ruffy
Light heavyweight: Modestas Bukauskas vs. Paul Craig
Lightweight: Bolaji Oki vs. Mason Jones
Welterweight: Axel Sola vs. Rhys McKee
Featherweight: William Gomis def. Robert Ruchala via unanimous decision (30-27, 29-28, 29-28)
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Prelims
Light heavyweight: Oumar Sy def. Brendson Ribeiro via TKO (punches) at 4:42 of R1 | Watch finish
Heavyweight: Ante Delija def. Marcin Tybura via TKO (punches) at 2:03 of R1 | Watch finish | Aspinall reacts
Lightweight: Kaue Fernandes def. Harry Hardwick via TKO (leg kicks) at 3:21 of R1 | Watch finish
Welterweight: Sam Patterson def. Trey Waters via TKO (punches) at 3:01 of R1 | Watch finish
Middleweight: Robert Bryczek def. Brad Tavares via TKO (punches) at 1:43 of R3 | Watch finish
Welterweight: Rinat Fakhretdinov def. Andreas Gustafsson via TKO (strikes) at :54 of R1 | Watch finish
Strawweight: Sam Hughes def. Shauna Bannon via submission (rear-naked choke) at 1:58 of R2 | Watch finish
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