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Walmart to Accept Cash for Online Purchases


BENTONVILLE, Ark. — Wal-Mart Stores on Thursday said that customers can now order products on walmart.com and pay for them with cash at Wal-Mart stores.

Wal-Mart said the system makes it the first online retailer to offer a “pay with cash” option, providing shoppers with a broader selection of items without the need for a credit, debit or prepaid card.

“Many of our customers shop paycheck to paycheck and are looking for more ways to purchase items online but don’t have the means to a credit, debit or prepaid card,” Joel Anderson, president and chief executive officer of Walmart.com, said in a statement. “Our new ‘Pay with Cash’ offering is designed just for them. It makes it easier for our customers to shop the way they want, where they have access to a broader product selection at Walmart.com coupled with the convenience of payment and shipping as they want.”

SN’s dedicated Wal-Mart Stores web page

At Wal-Mart stores, the majority of transactions are paid for in cash or cash equivalent, including debit cards, and approximately 15% of transactions are paid in the form of credit.

In a recent survey, Wal-Mart found that more than two thirds of those identified as “underbanked” were likely to use cash as a form of online payment if the option were available. Using “Pay with Cash,” customers purchase items at Walmart.com, pay for them in stores within a 48-hour period, and then have the items shipped to their home or to a local Wal-Mart store.

via Walmart to Accept Cash for Online Purchases | Retail & Financial content from Supermarket News.

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About Bob Innes

Who am I and what I do best! I am a skilled Sales and Marketing team player known for performing behind the scenes miracles that increase base distribution, improve customer relationship management, exceed annual sales volume,and profitability for Consumer Packaged Goods companies. And I've been doing it for over 15 years. My successful contributions include such clients as Kraft Foods, Mars, Bumble Bee Foods, Unilever, Johnson and Johnson and SC Johnson, and JM Smuckers.

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