Walmart Canada and Interac Corp. have partnered to offer the retailer’s customers the ability to pay with Interac Debit for online purchases at Walmart.ca and in-app using Apple Pay, according to a Wednesday (Dec. 8) press release.
The announcement follows Walmart Canada’s launch of Interac Debit contactless payments at point-of-sale terminals in late 2020 and now enables shoppers to pay using Interac Debit across all Walmart properties in Canada — in-store, online and in-app, according to the press release.
Interac Debit cardholders from participating financial institutions can use Apple Pay when making online debit purchases.
“We know our customers want a seamless omnichannel shopping experience and we’re proud to offer it,” said Jennifer Jones, Walmart Canada vice president, financial products, services, and payments. “Adding Interac Debit for all online and in-app purchases is part of our plan to expand our service offering and to provide Canadians with consistency and inclusion when they shop with Walmart.”
Interac Corp. Vice President of Commercial Partnerships Adeel Syed said the rollout was in response to Canadians’ demand for debit card acceptance across all channels.
“Canadians have told us they want the option to use debit in online channels just as they would in-store during the pandemic and beyond, and now they can have the ability to do so,” Syed said in the announcement.
Walmart Canada has been ramping up its payment options this holiday season. Last month the retailer and Duo Bank introduced the Walmart Rewards Mastercard installment plan, which provides Canadian shoppers with flexible buy now, pay later (BNPL) payment options.
Like layaway, the installment plan provides Walmart Rewards Mastercard cardholders with flexible installment plan options for in-store and online purchases of $199.99 or more. Customers can divide their purchases into six equal payments.
Read more: Walmart Rewards Mastercard Adds BNPL Option in Canada
According to a recent PYMNTS study, BNPL use is anticipated to more than double this holiday season to 3% as compared to 1.3% in 2020.
See also: Walmart, Target and Others’ Moves Position BNPL as the Hot Item for 2021 Holiday Selling
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