Klarna, the AI-powered payments and commerce network, has announced a partnership with OnePay to provide exclusive installment loans for Walmart customers in the United States. This collaboration will offer flexible payment options for thousands of products, both online and in stores, and will be integrated directly into Walmart’s checkout process later this year. OnePay, a consumer finance app backed by Walmart and Ribbit Capital, already operates across Walmart’s physical and digital platforms. Through this partnership, OnePay will expand its financial services portfolio by offering installment loans to millions of Walmart customers and associates across the U.S.
The new installment loan feature will allow Walmart shoppers to select repayment terms ranging from 3 to 36 months through the OnePay app, offering greater payment flexibility. Sebastian Siemiatkowski, Co-Founder and CEO of Klarna, described the partnership as a significant step toward providing smarter payment solutions for Walmart’s large customer base. Omer Ismail, CEO of OnePay, emphasized the importance of offering simple and accessible credit options at the point of sale, especially for the millions of people who shop at Walmart each week. This collaboration reflects both companies’ commitment to enhancing consumer payment experiences and making financing more accessible.
