Walmart (NYSE: WMT) and InComm Payments, a payments technology company, unveiled a more convenient and efficient way for customers to pay bills or top up prepaid accounts nationwide at more than 4,700 Walmart locations in the United States via VanillaDirect.
Bringing this service to Walmart stores helps create more convenience for Walmart customers by allowing them to easily pay their bills or fund accounts in the InComm Payments VanillaDirect network, which would include more than 15,000 billers and account providers in different industries. , such as utilities, telecommunications, tolls, banks, rental companies and insurance service providers.
The offering adds to the retailer’s comprehensive financial services and shows Walmart’s commitment to serving unbanked and underbanked customers, the announcement noted.
Julia unger, vice president of financial services at Walmart, said:
âWe know our customers are busy. We’re excited to bring a new service to life that makes the monthly chore of paying bills faster and easier at Walmart. We continue to be committed to providing our clients with valuable and efficient services to help them manage their finances. “
The cash payment process is quick and convenient, the update notes. Customers can pay their bills and fund various types of Walmart customer service or Walmart Money Center accounts by simply scanning a barcode associated with their account (via hard copy or digitally via their smartphone or other mobile device) and finalizing their payment in cash. Funds are sent digitally via a single payment.
Stefan Happ, President of InComm Payments, noted:
âThis solution is another important step in our long-standing relationship with Walmart and in our quest to provide their customers with cutting-edge products and services. VanillaDirect is a great addition to Walmart’s payment options that gives their cash-focused customers a new, convenient and easy-to-use method to pay the bills and fund the accounts that support their daily lives.