Wal-Mart offers online shoppers a "cash" option

Apr 26, 2012 By ANNE D'INNOCENZIO , AP Retail Writer

(AP) -- Wal-Mart shoppers now will be able to pay cash for online purchases.

The world's largest retailer on Thursday said it will allow shoppers to buy items on Walmart.com and then pay for them with cash at all of its 3,800 U.S. stores. The discounter says it's the first major retailer to offer the opportunity to purchase online without a bank account, or credit, debit or prepaid card.

Wal-Mart Stores Inc. is trying to cater more to its customers who don't have access to those . After all, only about 15 percent of Wal-Mart's its transactions are paid using a credit card.

The company, based in Bentonville, Ark., the initiative was well received when it tested it in a few stores in various parts of the country over the past six weeks.

"We are going to touch a segment of the American public who hasn't been able to participate online without going through a lot of hoops," said Joel Anderson, president and CEO of .com.

It works like this: Customers go to the website to select the item and place an order. During checkout, they can select the "" option and their shipping preference. The shopper then has 48 hours to take the printed order confirmation to the at a Wal-Mart store. Once the order is paid, the customers can either arrange to have the items shipped to a store for free or to another address for a fee.

Explore further: Amazon launches 3D printing store

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Wal-Mart expands online order pickup program

Mar 10, 2011

(AP) -- As competition grows from Amazon.com, Wal-Mart is battling back by expanding a program offering the convenience of shopping online along with same-day gratification.

Wal-Mart to sell goods from other vendors on Web

Aug 31, 2009

(AP) -- Wal-Mart Stores Inc. has launched an addition to its online business that has outside retailers selling nearly 1 million new items through Walmart.com, a move that could help the world's largest retailer catch up ...

Wal-Mart ready to settle Netflix case for $27.5M

Nov 16, 2011

(AP) -- More than 25 million current and former Netflix subscribers are being offered a sliver of a $27.5 million settlement from Wal-Mart. The proposed payment is being made to settle allegations that the video subscription ...

Wal-Mart to sell Verizon prepaid wireless

Mar 10, 2006

Verizon Wireless further entrenched itself in the battle for prepaid wireless phone customers Thursday, announcing that their INpulse pay-as-you-go service is now available at all U.S. Wal-Mart stores.

Wal-Mart buys online movie company Vudu

Feb 22, 2010

US retail giant Wal-Mart plunged into the online video market on Monday with the purchase of Vudu, a company which delivers movies to Internet-enabled television sets and Blu-ray players.

Recommended for you

Pfizer's 2Q profit sinks 79 pct but tops forecasts

22 minutes ago

(AP)—Pfizer's second-quarter earnings plunged 79 percent from last year, when the world's second-largest drugmaker booked a business spinoff gain of more than $10 billion. The latest results still edged ...

Aetna 2Q profit rises 2.4 percent

23 minutes ago

Aetna's second-quarter profit climbed more than 2 percent, as gains from an acquisition helped the health insurer beat analyst expectations and raise its 2014 earnings forecast again.

Merck 2Q profit more than doubles

24 minutes ago

A big one-time gain and a tax benefit helped drugmaker Merck & Co. more than double its second-quarter profit, raise the lower end of its profit forecast and easily top analysts' expectations.

Amazon launches 3D printing store

21 hours ago

Amazon announced Monday the launch of an online store for 3D printed items to allow consumers to customize and personalize items like earrings, pendants, dolls and other objects.

User comments : 0