Walmart.com is launching today “Pay with Cash,” a new feature that enables users to place orders online and then pay for them at a nearby Walmart.
In an interview, Joel Anderson, president and CEO of Walmart.com, said the new feature is targeting people who don’t have access to debit or credit cards.
“The fact that only 15 percent of our transactions are done in the form of credit at our stores means there’s a large percentage of Walmart customers who are dependent on cash to transact online. We definitely think it is a big opportunity,” he said.
When using “Pay with Cash,” …