Walmart Canada introduces flexible Buy Now, Pay Later payment option for Canadians shopping online (2024)

MISSISSAUGA, ON, October 30, 2023 – Walmart Canada customers can now choose an interest-free Buy Now, Pay Later option (BNPL) powered by Klarna when shopping on and through the Walmart Canada and Klarna mobile apps, giving them more payment choice and flexibility.

“Introducing Buy Now, Pay Later for shopping through 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. “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.”

Demand for BNPL is growing rapidly among Canadian consumers, as preferences shift towards flexible, better-value payment options. BNPL payments in Canada are growing by 51.6% annually, expected to achieve US $2.13B by the end of 2023 [1].

Introducing Klarna’s BNPL service enables Walmart Canada’s customers to split their purchases into four flexible, interest-free payments spread over six weeks, allowing them to shop for things they love in a more convenient and accessible way.

"As consumer payment and shopping preferences evolve, retailers must adapt and embrace innovative technologies, including flexible alternative payment options," said Steven Clarke, Head of Canada at Klarna. "We're excited to welcome Walmart Canada to Klarna's fast-growing global network of over 500,000 retail partners, offering Canadian consumers the convenient, interest-free payment alternatives they’re looking for."

How it works:

  • Spend responsibly (with no interest or fees if you pay on time*): Purchases can be split into four manageable, interest-free payments made over six weeks, with no fees when you pay on time. Klarna also sends additional emails and in-app reminders to help customers stay on top of their payment schedules, offers budgeting tools in the Klarna app and restricts the use of its services if payments are missed to prevent debt accumulation.
  • Easy to use: Customers can easily sign up for a Klarna account with only basic information required and conveniently select Klarna as their method of payment at Walmart checkout. A new lending decision is made in real time for each purchase, with no impact to credit scores.
  • Convenient: Customers can better manage their cash flows by timing their payments with their pay cheque schedules. Payment schedules are clearly laid out so that customers know when they will be charged and how much.
  • Eligible items: Customers can purchase items they love across all categories, including home goods, electronics and apparel. Orders between $50 and $4000 are eligible, with some restrictions.

Walmart Canada is continuously working to improve its online shopping experience for Canadians, which includes innovating its payment solutions. In addition to Buy Now, Pay Later powered by Klarna, Walmart Canada customers outside of Quebec can also access a convenient, flexible payment option through the Walmart Rewards Mastercard, where cardholders can split a basket over $199.99 into 6 monthly installments. A set-up fee applies.

[1] According to a report shared via Research and Markets.

About Walmart Canada

Walmart Canada operates a chain of more than 400 stores nationwide serving 1.5 million customers each day. Walmart Canada's flagship online store,, is visited by more than 1.5 million customers daily. With more than 100,000 associates, Walmart Canada is one of Canada's largest employers and is ranked one of the country's top 10 most influential brands. Walmart Canada was recently recognized as a LinkedIn Top Company of 2022 and was also named one of Canada’s most popular brands (based on Google searches). Walmart Canada has made a commitment to regeneration – focusing on equitable opportunity, sustainability, community, ethics and integrity. Since 1994, Walmart Canada has raised over $650 million to support communities across Canada. Additional information can be found at and on Walmart Canada’s social media pages – Facebook, Twitter, Instagram and LinkedIn.

About Klarna

Since 2005 Klarna has been on a mission to accelerate commerce with consumer needs at the heart of it. With over 150 million global active users and 2 million transactions per day, Klarna’s fair, sustainable and AI-powered payment and shopping solutions are revolutionizing the way people shop and pay online and in-store, empowering consumers to shop smarter with greater confidence and convenience. More than 500,000 global retailers integrate Klarna’s innovative technology and marketing solutions to drive growth and loyalty, including H&M, Saks, Sephora, Macy’s, Ikea, Expedia Group, Nike and Airbnb. For more information, visit

*Consumer Disclosure:
APR 0%. No conditions apply. Term: 2 months. For more information, visit A higher initial payment may be required for some consumers.

Walmart Canada introduces flexible Buy Now, Pay Later payment option for Canadians shopping online (2024)
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