Walmart Canada rolls out Buy Now, Pay Later option

Walmart Canada is offering online shoppers a Buy Now, Pay Later option powered by Klarna.

Customers shopping on Walmart.ca and through the Walmart Canada and Klarna apps can split their purchases into four interest-free payments spread over six weeks. 

Orders across all categories between $50 and $4000 are eligible, with some restrictions.

“Introducing Buy Now, Pay Later for shopping through Walmart.ca and our Walmart Canada app is the latest way we’re providing more payment choice and flexibility for customers,” said Laurent Duray, chief e-commerce Officer, Walmart Canada, in a statement. “Our focus has always been to help Canadians save money and live better and as we head into the holiday season, we’re prioritizing the customer experience by providing even more options when Canadians choose to shop with us.”

Walmart Canada is the latest retailer to join Klarna’s global network of 500,000 retail partners. 

Klarna sends additional emails and in-app reminders to customers, as well as offering budgeting tools in its app. The company restricts the use of its services if payments are missed.