TORONTO, ON–Interac Corp. is now working with Walmart Canada to offer its customers enhanced methods of paying with debit online and in-store. With a target timing of spring 2021, Walmart shoppers will soon be able to checkout using Interac Debit for in-app and in-browser payments on proprietary wallets. Walmart has also begun rolling out Interac Flash at point-of-sale terminals in-store, giving customers the option to pay with the secure tap of a debit card or smartphone.
“Interac is proud to work with Walmart Canada, one of the country’s leading retailers, to help deliver seamless online payment experiences,” said William Keliehor, chief commercial officer at Interac. “The collaboration will give Walmart customers more debit payment options, allowing them to transact using their own money within the channel of their choice. Given Walmart’s size, scope and scale in the domestic retail market, this working relationship signals increased momentum for the continued expansion of Interac Debit for in-app and in-browser payments in Canada.”
Interac is actively expanding its eCommerce footprint to give Canadians an easy and secure way to spend their own money when making payments within apps and browsers: a development many will welcome given the continued uncertainty caused by COVID-19. Since the onset of the pandemic, in March 2020, Interac transactions made using Interac Debit for in-app and in-browser payments have increased an average of 22 percent month-over-month.
“Walmart Canada is very excited to now offer Interac Debit and provide more convenient and contactless ways for customers to check out in-store and online,” said Nicolai Salcedo, chief information officer, Walmart Canada. “We listen to our customers and want them to have even more choices for how they pay for their items. This is part of our ongoing effort to make shopping at Walmart easy, safe and seamless, especially during these challenging times.”