Does Walmart Accept Afterpay or Other ‘Buy Now, Pay Later‘ Services?

The short answer is no, Walmart does not currently accept Afterpay as a payment method, either online or in stores.

However, Walmart does offer several other popular "buy now, pay later" (BNPL) financing options. These allow you to split your Walmart purchases into multiple installment payments over time rather than paying the full amount upfront.

The BNPL services accepted at Walmart include:

• Affirm
• Quadpay
• Klarna
• PayPal Pay in 4

In this detailed guide, we’ll explore how to use these various BNPL providers to finance your Walmart purchases.

As an experienced ecommerce seller, I’ll also share some insider tips and strategies for maximizing these services based on my decade in the world of Amazon FBA, account management, and data analytics.

Let’s dive in!

Overview of Major BNPL Services Accepted at Walmart

First, here is a high-level overview of the key BNPL platforms integrated with Walmart‘s payment systems:

Now let‘s explore each of these major BNPL providers in more detail.

Affirm

Affirm is Walmart’s official buy now, pay later financing partner. With Affirm, you can split your Walmart purchase into 3, 6, or 12 monthly installments.

This flexibility makes Affirm ideal for big-ticket purchases like furniture, appliances, electronics, and more. By spreading out payments over months rather than paying 100% upfront, you can better manage cash flow.

According to Affirm, the average order value of Walmart purchases made with Affirm is $250. About 25% of customers choose the 12-month plan.

Here is a step-by-step walkthrough of using Affirm at Walmart:

In-store purchases:

• Visit affirm.com/walmart and select your desired repayment timeline
• Affirm will generate a barcode to scan at checkout
• The cashier scans this one-time barcode along with your purchased items
• You’ll then make fixed monthly payments to Affirm based on your repayment plan

Online Walmart purchases:

• When checking out at Walmart.com, choose Affirm
• Complete Affirm’s online application and select your repayment terms
• Once approved, Affirm covers the upfront purchase amount
• You pay back the loan in consistent monthly installments

One downside is that you will pay interest on an Affirm loan, usually between 10-30% APR depending on credit. I recommend aiming for a 6-month plan if possible, as the 12-month timeline comes with a higher interest rate.

You‘ll also need a minimum credit score of around 640. Affirm may run a soft credit check when you apply for financing.

Overall, Affirm is great for spreading bigger purchases over 3-12 months. Just be prepared for interest charges and credit requirements.

Quadpay

Next up is Quadpay, which lets you split purchases into 4 interest-free installments paid every 2 weeks.

This makes Quadpay ideal for smaller purchases, as you’re paying off the total within about 6 weeks. The installments are automatically deducted from your chosen debit card.

Here’s a step-by-step guide to using Quadpay at Walmart:

In-store:

• Download the Quadpay app and find your local Walmart
• Enter the dollar amount you plan to spend in-store
• Quadpay provides a virtual Visa card number to use at checkout
• Open your Quadpay app at the register and tap your phone on the NFC reader

Online:

• Add items to your Walmart.com cart, then select Quadpay
• Provide basic information to create your Quadpay account
• Use the Quadpay-generated virtual Visa card to complete the purchase
• Your total will be divided into 4 payments taken from your account every 2 weeks

The benefits of Quadpay are:

• No interest charges
• No credit check needed
• Easy signup directly within the app
• Quick standalone purchases rather than a revolving line of credit

The only potential fees with Quadpay are late fees if you miss an installment, so be sure to make your payments on time.

Overall, Quadpay is a flexible, interest-free way to split Walmart purchases under ~$500 into 4 bite-sized payments.

Klarna

Similar to Quadpay, Klarna also divides your Walmart purchase into 4 interest-free payments made every 2 weeks.

You can use Klarna for online or in-store Walmart purchases. Here are the steps:

In-store:

• Download the Klarna app and find your nearest Walmart
• Enter the amount you plan to spend in-store
• Klarna provides a one-time virtual Visa card number
• Open the Klarna app at checkout and tap your phone on the card reader

Online:

• Choose Klarna at the payment section on Walmart.com
• Provide your email, birthday, and billing details to create a Klarna account
• Klarna pays your purchase amount upfront
• You pay Klarna back in 4 installments charged every 2 weeks

Similar to Quadpay, the advantages of using Klarna include:

• No interest or credit check needed
• Straightforward mobile app
• Pay off smaller purchases within 6 weeks
• No fees unless you miss an installment

So if you want the flexibility of splitting your Walmart transactions into 4 predictable bi-weekly payments, Klarna is a solid choice.

PayPal Pay in 4

The final major BNPL option is PayPal Pay in 4, which allows you to pay for online Walmart purchases in 4 installments over 6 weeks.

Here’s how it works:

• When checking out on Walmart.com, select PayPal as your payment method
• Choose the PayPal Pay in 4 option
• Your total is divided into 4 fixed installments, taken automatically from your PayPal balance

The benefits of using PayPal Pay in 4 include:

• 0% APR and no interest charges
• No credit check or fees
• Accessible directly within your PayPal wallet
• Allows 6 weeks to pay off online purchases

The catch is that this option is only available for Walmart.com purchases, not in physical Walmart stores. You also need an existing PayPal account.

But if you already use PayPal and want to finance bigger online orders from Walmart.com, Pay in 4 is a handy installment option.

Product Categories Eligible for BNPL at Walmart

You can use BNPL financing on a wide variety of Walmart purchases, including:

• Electronics
  • TVs, laptops, tablets, smartphones, headphones
  • Video game consoles and games
  • Smart home devices and appliances
• Home furniture
  • Mattresses, sofas, dining sets, office furniture
  • Patio and backyard furniture
• Major appliances
  • Refrigerators, dishwashers, stoves, washers, dryers
  • Vacuums, small kitchen appliances
• Outdoor/sports equipment
  • Bikes, treadmills, trampolines, basketball hoops
  • Camping gear, fishing equipment, golf clubs
• Auto parts and accessories
  • Tires, roof racks, toolkits, car audio
  • Bike racks, seat covers, decals
• Jewelry and watches
• Musical instruments
  • Guitars, drums, keyboards, music gear
• Arts and crafts supplies
  • Scrapbooking tools, sewing machines, easels
  • Yarn, fabric, beads, framing

However, Walmart does not allow BNPL financing for:

• Alcohol or tobacco
• Gasoline
• Groceries and perishable foods
• Over-the-counter medications
• Gift cards
• And more

Most providers also cap BNPL purchase amounts between $144 – $2,000 at Walmart. So you can spread out costs for pricier items, but not smaller everyday purchases.

Credit Checks and Account Requirements

When applying for BNPL financing, will your credit be impacted? What about down payments or other requirements?

Here‘s an overview of what to expect:

• Affirm: Soft credit check, 640+ score recommended. 0-30% down payment based on loan terms.
• Quadpay: No credit check or account requirements. Anyone can sign up.
• Klarna: No credit check needed. Just valid ID and payment details.
• PayPal Pay in 4: Must have existing PayPal account. No credit check.

The bottom line:

Services like Quadpay and Klarna won‘t affect your credit. But Affirm may run a soft credit inquiry and require good credit for approval.

Be sure to read all eligibility terms before applying for BNPL financing.

The Pros of Using BNPL Services at Walmart

Why might you want to use Affirm, Klarna, Quadpay, or PayPal Pay in 4 when shopping at Walmart? Here are some of the key advantages:

Pay over time

• BNPL allows you to divide costs into 3-12 manageable payments rather than 100% upfront

Avoid credit card debt

• Paying installment loans over weeks/months is often cheaper than revolving CC debt

No credit needed

• Providers like Quadpay/Klarna don‘t check your credit when approving purchases

Budgeting

• Fixed regular payments help plan monthly finances vs surprise CC bills

Interest-free

• Leading BNPL lenders like Quadpay and Klarna don‘t charge interest

Instant approval

• Easy online applications provide instant purchase authorization

Accessible

• Use BNPL online or in-store with mobile apps and virtual card numbers

So whether you want to avoid high-interest credit card debt or simply split costs over time, BNPL services can make Walmart shopping more affordable.

Tips for Using BNPL Services at Walmart

If you plan to use these platforms at Walmart, keep these tips in mind:

• Carefully read all loan terms and eligible purchase categories before applying
• Pick installment frequencies that align with your budget and cash flow
• Be cautious about taking on too many simultaneous BNPL loans
• Monitor repayment deadlines and set payment reminders
• Build your credit if you plan to use Affirm‘s financing option
• Only finance essential, budgeted purchases rather than impulse buys
• Call provider customer service with any questions on your account

The bottom line is that BNPL loans provide flexibility but also responsibility. Factor installment payments into your budget and actively manage your account to avoid fees.

The Takeaway: Yes to Quadpay, Klarna, and PayPal – But Walmart Doesn‘t Accept Afterpay

Hopefully this guide provided you with an extensive overview of how to use "buy now, pay later" financing options at Walmart.

The key takeaways:

• Afterpay is not currently accepted at Walmart online or in-store.
• However, you can use BNPL providers like Affirm, Quadpay, Klarna, and PayPal Pay in 4 to split your purchase into installments paid over time.
• Each service has different terms for installment frequencies, fees, credit checks, and other requirements. Evaluate them carefully based on your budget and needs.
• BNPL loans allow you to conveniently finance expensive Walmart purchases while avoiding lump-sum credit card bills and high interest rates.
• But be a responsible borrower by carefully managing payment deadlines and not taking on more debt than you can handle.

Hopefully this guide from an experienced ecommerce seller helps you make informed decisions about using buy now, pay later financing at Walmart. Happy affordable shopping!