Walmart Joins The Paymentus Instant Payment Network™

Paymentus to power Walmart’s enhanced bill pay experience

CHARLOTTE, N.C.--(BUSINESS WIRE)--Effective immediately, Walmart and Paymentus have formed a partnership designed to modernize how bills are paid in Walmart stores and in the Walmart app. As part of the collaboration, Walmart has joined the Paymentus Instant Payment Network™, adding another Fortune 100 company to Paymentus’ rapidly growing ecosystem.

Paymentus, the industry’s most advanced bill payment platform, is trusted by businesses to power customer interaction management, bill presentment and payments through digital wallet, web, mobile, IVR, text, email, chat, voice assistant, point of sale and agent assisted channels. The company’s fully unified platform utilizes artificial intelligence (AI) to constantly improve interaction quality, maximize uptime and reduce fraud for businesses around the globe.

The inclusion of Walmart to the Instant Payment Network™ extends Paymentus’ reach to 140 million U.S. consumers who visit Walmart in person or online every week. Walmart joins PayPal and Amazon as strategic network partners who all leverage Paymentus to enable bill payments across their ecosystems. As a result, businesses who utilize the Paymentus platform, will be able to efficiently serve customers regardless of where they prefer to interact and how they pay.

“We are excited to be the leading force behind the paradigm shift in how consumers and business interact,” said Dushyant Sharma, Paymentus President and CEO. “Our partnership with Walmart further cements Paymentus as the future-proof provider of simplified bill pay experiences for consumers and a source of operational excellence for businesses.”

ABOUT PAYMENTUS

Paymentus Corporation, a leading bill payment company in North America, is rapidly and aggressively pushing the boundaries of technology to optimize customer engagement around bill presentment and payment. The Paymentus SAAS-based Customer Engagement and Payment Platform and AI-based Instant Payment Network enables businesses to provide a unified customer experience and boost adoption of cost-saving electronic billing and payment services to get paid more efficiently and effectively than ever before. For more information, please visit www.paymentus.com/instantpaymentnetwork