Walmart is a big corporation that deals in the sale of varieties of products. Not only groceries, but it also sells furniture, auto care products, electronics, and anything you can think of.
Walmart sells all of its products at low and affordable prices when compared with other stores.
However, due to inflation and the loss of jobs after the Coronavirus pandemic era, it has become a bit hard for some customers to afford the prices of products they wish to get.
Afterpay is a payment platform that offers customers the chance to pay for their products and items in bits which makes purchases and payments easier.
So, does Walmart accept Afterpay and other buy now, pay later in 2022? You will find that out in this article.
This article will answer the question of whether Walmart takes Afterpay and other buy now, pay later services, how to use them, and many other things you should know.
Does Walmart accept Afterpay and other buy now, pay later services?
Afterpay is a financial technology company that offers customers a buy now, pay later policy to finance the purchase of their goods in stores and supermarkets. It is free of interest and does not hurt credit score.
However, Walmart does not take Afterpay as one of its buy now, pay later payment platforms currently. If you wish to use Afterpay to finance your payments, you will have to visit other retail stores or supermarkets.
Even though Walmart does not take Afterpay as a buy now, pay later financing of customers’ purchases, there are opportunities for customers to get help on paying for their purchases in installments.
Walmart takes some payment platforms to finance the customers’ purchases to make shopping easy for customers.
Which buy now, pay later service does Walmart take?
As stated earlier, Walmart does not accept Afterpay, but it accepts other buy now, pay later payment platforms.
Some of the accepted payments platforms are:
Affirm is a loan company that allows users to buy goods or services offered by online merchants like Walmart and pay back those purchases in fixed monthly payments.
Affirm has two buy now, pay later payment options.
- Affirm Pay in 4
This payment option is good for everyday purchases. Customers are to make payments 4 times and every 2 weeks.
The payment is interest free, does not affect the credit score, and has an easy setup.
- Affirm Monthly
This is for big item purchases. It allows customers to choose their choice of monthly installments.
There are no hidden fees and the set up is easy and has automatic payments.
Klarna is also a buy now, pay later payment company. It gives customers the chance to pay for their needs and wants flexibly and easily.
All that is needed is to split the cost of your purchase into 4 payments. All the payments are interest-free and they are to be paid every 2 weeks.
It can be used at any prepaid card-accepting online store in the US and at physical partnering physical stores.
QuadPay is a buy now, pay later payment platform. It offers customers to pay for their purchases in four installments which are all interest-free.
Customers are to pay back every two weeks and it can be used at any retail store or supermarket for both online and in-store purchases.
PayPal is another payment platform that allows customers to buy now and pay later in their favourite retail stores and supermarkets like Walmart.
Customers can select a Pay Later offer at checkout and pay in 4 for qualifying purchases.
PayPal pay in 4 allows customers to pay for their purchases in 4 interest-free payments over six weeks. It is interest free and does not affect credit scores.
- PayPal Pay monthly
This is yet another buy now, pay later payment platform from PayPal.
This payment option is for customers who wish to make large purchases between $199 to $10,000.
Customers break down the total cost into equal monthly payments and pay over a 6 to 24 month period. This however attracts APR ranging from 0% to 29.99%.
Note: All the payment platforms listed above can be used to finance purchases at Walmart through the buy now, pay later payment option.
Can all items at Walmart be purchased using buy now, pay later?
Even though customers get to finance their purchases through some of the available buy now, pay later payment platforms, not all items in Walmart stores are eligible to be purchased with a buy now pay later payment option.
Some items are eligible for payments through those platforms while others are not qualified for that, but can only be bought through direct payment using a credit or debit card, check, cash, or other modes of payment available at Walmart.
What items can be purchased using buy now, pay later
Just a few sections of Walmart items can be financed for purchases through the use of the buy now, pay later payment platform.
Some of the items that can be purchased using buy now, pay later payment platforms are listed below.
- Sports and Outdoor
- Home Furnishings
- Personal Fitness
- Electronics and Office
- Apparel and beauty
- Lawn and Garden
- Automotive car care
- Arts and crafts
- Jewelry and many more
What items cannot be purchased using buy now, pay later
Other items not listed above except a few are not eligible for purchase through the use of buy now, pay later payment platforms. To purchase items in these categories, an alternative form of payment has to be provided.
Listed below are some of the items that are not eligible for purchase through the buy now, pay later payment platforms.
- Firearms, weapons, and ammunition
- Groceries and Foods
- Pharmacy, health, and wellness
- Personal care
- Money services
- Baby consumables
- Merchandise at the register
- Miscellaneous supplies
- Pet supplies
- Temporary specialty items
- Wireless service plans and many more
Note: As stated by Walmart in conjunction with Affirm, all items in the two categories are subjected to change without notice.
Are there interests on the buy now, pay later services at Walmart?
Interests on buy now, pay later services at Walmart are in two ways. Most services are interest-free while some require interest to be paid.
Some payment platforms firms may offer both interest free and interest included in payments. Examples of platforms like that are Affirm and PayPal.
Other interest free buy now, pay later platforms are QuadPay and Klarna.
Walmart does not take Afterpay. If you wish to use Afterpay, you can visit other stores to check if they take Afterpay.
Walmart takes other buy now, pay later platforms like PayPal, Affirm, QuadPay, and Klarna. Some of these platforms are interest free while some are interest included.
Most buy now, pay later payment platforms allow an installment payment 4 times every 2 weeks while PayPal Pay in 4 collects the payments 4 times over 6 weeks.