Walmart Canada launches Interac Debit payments for e-Commerce shopping

Walmart Canada and Interac Corp. have collaborated to offer Walmart Canada customers the ability to pay with Inter Debit on and within the Walmart Canada mobile app. This announcement follows the retailer’s rollout of Interac Debit contactless payments at point-of-sale terminals late last year, rounding out the ability to pay using Interac Debit across all Walmart properties in Canada – in-store, online and in-app. Walmart Canada operates a chain of more than 400 stores nationwide serving and is visited over 1.5 million times each day.

“We know our customers want a seamless omnichannel shopping experience and we’re proud to offer it. Adding Interac Debit for all online and in-app purchases is part of our plan to expand our service offering and to provide Canadians with consistency and inclusion when they shop with Walmart,” said Jennifer Jones, Vice President, Financial Products, Services and Payments, Walmart Canada. “As a retailer Canadians rely on for everyday needs, we want everyone to have access to shop with choice and flexibility in how they pay. We’re thrilled to offer this new service for customers in time for the holiday season and we are committed to helping Canadians live better with more meaningful services and solutions ahead.”

The new Interac Debit launch is part of Walmart Canada’s overall plan to strengthen and expand services for customers offering more everyday value and new product offerings that drive financial inclusion.

“Interac is proud to collaborate with Walmart Canada to help deliver a more unified, omnichannel payment experience through the acceptance of Interac Debit contactless payments in-store, and now for e-commerce payments online and in-app using Apple Pay,” said Adeel Syed, Vice President, Commercial Partnerships, Interac Corp. “Canadians have told us they want the option to use debit in online channels just as they would in-store during the pandemic and beyond, and now they can have the ability to do so at one of Canada’s leading retailers.” 

Close to 300 financial institutions connect to the Interac network, enabling payment and ID experiences that support Canadians’ accelerated use of safe and digital payments while prioritizing interoperability, security, privacy, and inclusivity. Canadians use Interac products an average of 18 million times a day to pay and exchange money.