Charlotte firm Paymentus lands Walmart as client for its instant payment network

CHARLOTTE — Paymentus has just landed a major partner — Walmart.

The Charlotte-based firm, which offers eBilling and payment solutions, is teaming up with the retail giant 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, extending the firm’s reach to 140 million U.S. consumers who visit Walmart in person or online every week.

The company’s unified platform utilizes artificial intelligence (AI) to improve interaction quality, maximize uptime and reduce fraud for businesses around the globe.

“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, in a statement. “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.”

Walmart joins PayPal and Amazon as strategic network partners who all leverage Paymentus to enable bill payments across their ecosystems.