Quantcast
Get breaking news alerts via email

Click here to manage your alerts
Walmart OKs online cash purchases

First Published Apr 27 2012 07:51 am • Last Updated Apr 27 2012 05:17 pm

Walmart is the first major retailer to allow customers who don’t have a bank account, credit, debit or prepaid card to pay cash for online orders.

Customers can now shop online at Walmart.com and pay cash at all Walmart stores nationwide.

Join the Discussion
Post a Comment

Here’s how the Pay with Cash program works:

Online » Customers go to Walmart.com from any Internet-connected device to select an item and place an order.

During checkout, shoppers select the "cash" option and their shipping preference. They immediately receive an order number on the confirmation page and an email receipt. The item is reserved in the system.

Visit a store » Shoppers have 48 hours to take the printed order form to a checkout lane at any Walmart store or Neighborhood Market. Once the cash payment is completed, the customer’s order is shipped to the store or to a preferred address.

"Many of our customers shop paycheck to paycheck and are looking for more ways to purchase items online but don’t have ... a credit, debit or prepaid card," said Joel Anderson, president and CEO of Walmart.com. "Our new [program] is designed just for them."

The majority of transactions at Walmart stores are paid for in cash or cash equivalent, such as debit cards. About 15 percent of transactions are paid with credit cards. The giant retailer did a survey showing 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.

One in four U.S. households fall into the unbanked and underbanked categories, where they don’t have a bank account or credit card or have limited banking options, and often rely on cash as a form of payment for purchases, according to the Federal Deposit Insurance Corp.

For more information, visit www.walmart.com/paywithcash.


story continues below
story continues below



Copyright 2014 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Top Reader Comments Read All Comments Post a Comment
Click here to read all comments   Click here to post a comment


About Reader Comments


Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account.
See more about comments here.
Staying Connected
Videos
Jobs
Contests and Promotions
  • Search Obituaries
  • Place an Obituary

  • Search Cars
  • Search Homes
  • Search Jobs
  • Search Marketplace
  • Search Legal Notices

  • Other Services
  • Advertise With Us
  • Subscribe to the Newspaper
  • Login to the Electronic Edition
  • Frequently Asked Questions
  • Contact a newsroom staff member
  • Access the Trib Archives
  • Privacy Policy
  • Missing your paper? Need to place your paper on vacation hold? For this and any other subscription related needs, click here or call 801.204.6100.