Walmart.ca adds PayPal as payment option

• PayPal (NASDAQ:PYPL) is now a payment option for Walmart's (NYSE:WMT) Canadian online sales, the first time PayPal has teamed up with a Canadian retailer that sells groceries.
• With PayPal, Canadians can pay for their purchase with their bank account, Visa Debit card, or credit card linked to their PayPal account.
• PayPal has more than 7M active users in Canada.

Comments

[ijeff]

I wonder if this could happen in the U.S. too? As a Paypal shareholder I hope so.

[Qwerty1234567]

already did. u can use paypal and venmo on us sitr. has been the case for a while now

[Money 29]

Great management at WMT, but overvalued wait for a better entry point.

[Charles Agbakwu]

@Money 29

Wal-Mart is the number one revenue business in the world by a long shot (next closest business does over $100 billion less in annual revs than Wal-Mart) and hasn't really moved to diversify their core retail business line. All this, and it still manages to eke out better than 2% growth. At 16x cashflows WMT doesn't seem overpriced at all, at least not relative to other names in the market such as Amazon which trades at 25x cashflows.

[alnelson2004]

It be a game changer if done in America Walmart.

[Cgain]

Walmart in Canada is quite a big deal as well

[Qwerty1234567]

lol u can already use paypal at us walmart size, venmo too