Paymentus to power Walmart’s enhanced bill pay experience
Effective immediately, Walmart and Paymentus have formed a partnership designed to modernize how bills are paid in Walmart stores and in the Walmart app. As part of the collaboration, Walmart has joined the Paymentus Instant Payment Network™, adding another Fortune 100 company to Paymentus’ rapidly growing ecosystem.
Read More: Vitesse, a Fintech Providing Real-Time Cross-Border Payments for Businesses, Scores £6.6m Series A
joins Paymentus Instant Payment Network bringing bill-pay to stores and Walmart app.
Paymentus, the industry’s most advanced bill payment platform, is trusted by businesses to power customer interaction management, bill presentment and payments through digital wallet, web, mobile, IVR, text, email, chat, voice assistant, point of sale and agent assisted channels. The company’s fully unified platform utilizes artificial intelligence (AI) to constantly improve interaction quality, maximize uptime and reduce fraud for businesses around the globe.
Read More: Habito, UK’s Digital Mortgage Broker, Secures £5.5m in Series A funding
The inclusion of Walmart to the Instant Payment Network™ extends Paymentus’ reach to 140 million U.S. consumers who visit in person or online every week. Walmart joins PayPal and Amazon as strategic network partners who all leverage Paymentus to enable bill payments across their ecosystems. As a result, businesses who utilize the Paymentus platform, will be able to efficiently serve customers regardless of where they prefer to interact and how they pay.
“We are excited to be the leading force behind the paradigm shift in how consumers and business interact,” said Dushyant Sharma, Paymentus President and CEO. “Our partnership with further cements Paymentus as the future-proof provider of simplified bill pay experiences for consumers and a source of operational excellence for businesses.”
Read More: Four Benefits of Buy Now Pay Later for Ecommerce Retailers