Buy now, pay later
Walmart offers credit at checkout without putting up its own capital
With Finvero's Credit Marketplace, Walmart customers apply to pay in installments, are evaluated once, and a network of lenders finances the purchase.
About the client
Walmart de México y Centroamérica is one of the largest retailers in the region, with formats such as Walmart, Bodega Aurrera and Sam's Club, plus its online store.
Challenge
Offer installment payments to customers in store and online, with fast approval at the moment of purchase and without financing the portfolio with its own resources.
Solution
Finvero's Credit Marketplace connects Walmart's point of sale to a network of lenders:
- The customer fills in a single application and Finvero evaluates it once.
- The application cascades to the lenders whose policy fits the customer's profile.
- The lender takes on the loan and Walmart receives the full sale.
Results
- 01More customers able to buy in installments
- 02Credit without own capital or portfolio risk
- 03Fast approval at the moment of purchase
- 04A new source of sales
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Tell us which credit product you want to launch or improve and we'll show you how with Finvero.
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