Wal-Mart customers, the majority of whom pay with cash when shopping in stores, now have the option to do the same online with the giant retailer’s new “Pay With Cash” option.
Shoppers on Walmart.com who either don’t have a credit card or don’t want to use one because of security reasons can now go the cash route. Hitting the selection sends the customer an email receipt with an order number that must be presented at a physical Wal-Mart store within 48 hours.
After paying with cash there, the purchased items are shipped either to the store or to the buyer’s home. Customers who were shopping online because there isn’t a Wal-Mart nearby are kind of left in the lurch, but that seems to be another problem for another time.
A quarter of U.S. households are considered "underbanked" or "unbanked" -- with no or limited access to bank accounts, credit or debit cards or other banking options – according to the FDIC.