Colorado Walmarts Are Changing Payment Methods in A Huge Way

How Technology Is Revolutionizing Payments at Colorado Retailers

It's the time of year where you might be heading to those big box stores for sunscreen or sunglasses. The sun always seems to be beating down here in Colorado, but spring is sometimes a pleasant reminder to lather on the SPF.

If you're heading to stores like Walmart and are looking to make a bigger purchase, you might notice a bit of a change at checkout.

READ MORE: Walmart to Shutter Select Stores in Multiple States; See the Complete List

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Klarna and OnePay Partner to Offer Installment Payments at Iowa Walmarts

According to a report from Blavity, the financial technology company Klarna is partnering with OnePay to replace its major rival, Affirm, at Walmart locations across the country.

What Is OnePay and How It Works for Walmart Customers

OnePay and Affirm are both companies that allow users to buy now and pay later over a series of installments here in Colorado.

Let's say you really want the Nintendo Switch, but you don't exactly have the means to pay for it all right now. You use these apps, and you can pay off the video game console over a period of time.

Klarna and OnePay: The New Way to Shop Smarter in Colorado’s Walmart Stores

Klarna will partner up with OnePay to exclusively offer installment loans to pay for purchases both online and in store.

“Millions of people in the U.S. shop at Walmart every day — and now they can shop smarter with OnePay installment loans powered by Klarna," said Sebastian Siemiatkowski, Co-founder and CEO of Klarna.

"OnePay choosing Klarna as their exclusive installment loans partner at Walmart in the U.S. is a huge vote of confidence as we pursue our goal of being available everywhere for everything. We look forward to helping redefine checkout at the world’s largest retailer — both online and in stores.”

What You Can Buy with OnePay and Klarna at Walmart

Walmart customers in the United States will be able to use OnePay to purchase, "thousands of items, including electronics, home and garden, automotive, and more."

Flexible Payment Plans for Colorado Walmart Shoppers with Klarna and OnePay

READ MORE: Walmart Employees' Massive Pay Raises Will Shock You

When a specific order goes through on OnePay customers will then choose the type of repayment plan that works best for them. These range from three to thirty-six month payment plans.

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