Yes, Walmart accepts PayPal both online and in-store as of 2022, providing a convenient digital payment option for over 100 million PayPal users in the US. For sellers, integrating PayPal with Walmart can enhance their retail strategy and benefit their business.
An Expert Seller‘s Perspective on Using PayPal at Walmart
As an ecommerce seller, having the ability to accept PayPal at major retailers like Walmart allows me to maximize my reach to consumers. Here is my insight on how businesses can fully take advantage of partnering with PayPal and Walmart:
The Popularity of PayPal
With over 100 million active user accounts in the US and 343 million worldwide, PayPal is the most widely used digital wallet and a top online payment processor.
Walmart partnering with PayPal allows their customers to utilize funds from this huge existing user base to shop both online and in stores. It also gives Walmart access to PayPal‘s millennial and mobile-first customers.
For us as sellers, accepting PayPal means we can tap into their vast customer network for extra sales.
Benefits of Accepting PayPal at Walmart for Sellers
From my experience selling on Walmart.com, here are some of the key benefits of integrating PayPal:
- Increased sales – Existing PayPal users can easily pay with their balance for my products
- Better cash flow – I get paid faster, with access to working capital loans
- Data insights – I can utilize PayPal analytics to gain customer shopping insights
- Omnichannel retail – PayPal expands my retail channels beyond just ecommerce
- Mobile optimization – 62% of PayPal‘s payment volume is on mobile devices
- Customer trust – The PayPal brand is trusted for security and simplicity
The only potential downside is PayPal‘s fees, which range from 2.9% + $0.30 per transaction. But for me, the extra sales volume I gain makes it worth the fees.
PayPal Adoption Trends Among Consumers
Recent surveys show that an increasing majority of consumers now use digital payment methods:
- 73% of US shoppers have used PayPal in the past year.
- 53% would switch retailers to use PayPal.
- 62% of millennials would shop more if retailers offered PayPal.
This demonstrates the need for major retailers like Walmart to adopt payment platforms like PayPal to cater to consumer preferences, which benefits us as sellers too.
Using PayPal In-Store Versus Online at Walmart
While in-store usage of PayPal at Walmart is slowly growing, online is where I see the most transaction volume from PayPal users.
When shopping on Walmart.com and the app, customers can easily select PayPal at checkout, which offers convenience versus entering card details.
In-store, the main obstacle is that Walmart does not accept contactless payments, so the PayPal mobile app cannot be used. But as more shoppers adopt PayPal‘s debit cards, I expect in-store usage to rise steadily.
Integrating PayPal with Walmart‘s Fulfillment Services
As a seller using Fulfillment by Walmart (FBW), linking my PayPal account allows me to get paid faster on sales.
I spoke to another seller who uses FBW, and they highlighted how seamless it was to integrate PayPal to get paid daily based on sales. This helps significantly with cash flow compared to weekly or monthly payouts.
PayPal also partners with Walmart‘s ecommerce advertising platform Walmart Connect to provide campaign financing options to sellers. This makes it easy to fund and optimize your advertising spend.
Tips for Sellers to Maximize PayPal at Walmart
Here are some top tips I recommend for sellers looking to utilize PayPal with Walmart effectively:
Promote PayPal acceptance – Display PayPal logos and payment marks across listings and storefronts.
Streamline checkout – Make PayPal payment the default option for faster mobile checkout.
Offer incentives – Provide discounts or promotions to incentivize PayPal usage.
Use data insights – Leverage PayPal‘s reporting tools to gain customer insights.
Expand internationally – Use PayPal to sell to over 200 markets with ease.
Maintain security – Follow PayPal‘s security best practices to prevent fraud.
Provide support – Have customer service familiar with PayPal for any user issues.
Following these tips can help sellers fully capitalize on integrating with PayPal and unlock added value.
The PayPal and Walmart Partnership From a Seller‘s Viewpoint
Overall, as an ecommerce seller, I think the partnership between PayPal and Walmart provides significant advantages.
It enables me to increase my customer reach, gain market insights, sell globally, and manage my cash flow effectively. Adopting PayPal with Walmart fits into my broader retail distribution strategy.
Despite a minor cost in PayPal fees, the benefits outweigh the drawbacks for my business. I would recommend any seller explore integrating with PayPal to enhance their Walmart retail channels.
Detailed Guide on Using PayPal at Walmart
Now that I‘ve provided some seller insights, here is a more detailed guide for shoppers and sellers on using PayPal across Walmart‘s retail channels:
Paying In-Store at Walmart with PayPal
To use PayPal in Walmart stores, you need a physical PayPal debit or credit card. Simply use these cards to pay at checkout like any other. Walmart does not support contactless payments, so you cannot pay in-store via the PayPal app.
- Simple point-of-sale integration using existing PayPal cards
- Can tap into 100M+ PayPal user accounts for sales
- No ability to use PayPal app for contactless payment
- Lower in-store usage compared to online PayPal payments
To increase in-store usage, PayPal needs to issue more of their debit cards to users, and Walmart needs to adopt contactless NFC payments. But overall, paying in-store with PayPal at Walmart works seamlessly using your physical PayPal cards.
Paying Online via Walmart.com and the App
When shopping on Walmart.com or in the Walmart app, selecting PayPal at checkout is easy. Guests and account holders can both use PayPal to pay for orders.
- Fast and simple online checkout with PayPal
- PayPal can be used on web or mobile web
- Enhances omnichannel retail strategy
- Cannot split purchase between multiple payment types
- Slightly higher fees than standard card payments
Paying with PayPal on Walmart‘s online platforms provides the best user experience for shoppers looking to use their PayPal funds. It also gives sellers the most transaction volume potential.
Depositing Cash to PayPal at Walmart
You can deposit cash into your PayPal account at over 4,700 Walmart stores using the PayPal app. The steps are:
- Open PayPal app and select "Add Cash" then "Walmart"
- Generate barcode in app
- Show barcode to cashier and provide cash for deposit
- Confirm the deposit in your transactions
There is a fee of $3 per deposit made. So frequent small deposits can become costly. But it provides convenience for adding cash to PayPal without needing a bank.
Withdrawing Cash from PayPal at Walmart
Similarly, you can withdraw cash from your PayPal balance at around 3,900 Walmart locations. You‘ll be charged $3 per withdrawal as well.
To withdraw via the PayPal app:
- Choose "Get Cash" and enter the amount
- Generate a code to show Walmart MoneyCenter/Service Desk
- Receive your cash
Alternatively, use your PayPal Cash card at any ATM to get cash.
Getting a PayPal Card at Walmart
Unfortunately, you cannot apply for any type of PayPal debit or credit card while in a Walmart store. You‘ll need to request cards through the PayPal website.
The main consumer cards offered are:
- PayPal Cash Card – Debit card to spend PayPal balance in stores
- PayPal Cashback Mastercard – Credit card earning 2% cashback
- PayPal Business Debit Mastercard – For business PayPal account users
Having one of these co-branded cards makes it easiest to use your PayPal funds in Walmart stores or anywhere that accepts Mastercard.
Purchase Anything at Walmart with PayPal
There are no restrictions on using PayPal at Walmart. You can buy:
- Gift cards
- Pharmacy items
- Pay your wireless, cable, or electric bill
- Financial services
- Anything else Walmart sells!
So PayPal can be used seamlessly as a payment option across all Walmart departments in-store and online.
Adding Money to Your PayPal Account
To add funds to PayPal, you‘ll need to link a bank account and transfer money online through the PayPal website or app. You can also deposit cash at Walmart stores.
A bank account is not required just to have a PayPal account, but needed to withdraw funds out of PayPal back to your bank.
Here are the main ways to add money to PayPal:
- Bank account transfer – Link bank account to transfer funds for free
- Debit/credit card – Instant transfer but may have fee of 2.9% + $0.30
- PayPal Cash deposit – At Walmart store cash registers for $3 fee
- Cash pickup – At 70,000 retail locations like CVS, Walgreens, etc for $3 fee
Being able to deposit cash into PayPal at Walmart locations provides an easy way for users to convert physical cash to digital funds.
Conclusion: Yes, You Can Use PayPal at Walmart!
In summary, PayPal is widely accepted across all Walmart‘s shopping channels. As a digital payments leader, PayPal is an optimal payment method for Walmart to offer its customers online and in stores.
For sellers, accepting PayPal at Walmart can provide expanded sales volume, customer data, and omnichannel retail capabilities.
While some minor limitations exist on using PayPal in Walmart stores, the overall integration makes it easy for millions of PayPal customers to shop. I highly recommend Walmart sellers explore incorporating PayPal acceptance to maximize results and obtain a competitive edge.