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.

Smiling shopper with shopping bags in a mall
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
  1. 01More customers able to buy in installments
  2. 02Credit without own capital or portfolio risk
  3. 03Fast approval at the moment of purchase
  4. 04A new source of sales

Finvero products in this case

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