US-based multinational retail corporation Walmart has joined forces with Paymentus to power bill payments at its stores and through its app.
The retailer has now joined the Paymentus Instant Payment Network.
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With this move, Paymentus extends its reach to 140 million consumers in the US.
Among other partners of Paymentus are PayPal and Amazon.
Paymentus president and CEO Dushyant Sharma said: “We are excited to be the leading force behind the paradigm shift in how consumers and business interact.
“Our partnership with Walmart further cements Paymentus as the future-proof provider of simplified bill pay experiences for consumers and a source of operational excellence for businesses.”
Paymentus supports customer interaction management, bill presentment and payments.
This is done via digital wallet, web, mobile, IVR, text, email, chat, voice assistant, point of sale as well as agent assisted channels.
It uses AI technology to maximise uptime, enhance interaction quality, as well as address security concerns.
Last month, Walmart Canada introduced a rewards credit card with Mastercard to enable shoppers to earn rewards on everyday spending.
The retail giant launched the card in collaboration with Duo Bank of Canada.
Earlier this year, the retailer inked a partnership with Green Dot to add new features to the Walmart MoneyCard reloadable debit card.
Last year, Walmart partnered with MoneyGram and Ria to enable fund transfers at its 4,700 stores.
