Previous Close | 5.97 |
Open | 6.46 |
Bid | 5.85 |
Ask | 6.30 |
Strike | 195.00 |
Expire Date | 2025-01-17 |
Day's Range | 6.14 - 6.46 |
Contract Range | N/A |
Volume | |
Open Interest | 732 |
Walmart’s majority-owned fintech startup One has started offering buy now, pay later (BNPL) loans for big-ticket items like electronics and power tools at some of the retailer's U.S. stores, a source said on Tuesday. The fintech joins peer Affirm as one of the options that Walmart customers will have when shopping at the retail giant. "For the time being, Affirm will remain a funding option at Walmart but will presumably compete head-to-head with One at the point of sale (POS)," JPMorgan wrote in a note on Tuesday, adding that Walmart could push One more prominently at the POS.
One, a fintech largely owned by Walmart, has started to advertise its buy now, pay later options in the company’s stores.
The fintech joins peer Affirm as one of the options that Walmart customers will have when shopping at the retail giant. "For the time being, Affirm will remain a funding option at Walmart but will presumably compete head-to-head with One at the point of sale (POS)," JPMorgan wrote in a note on Tuesday, adding that Walmart could push One more prominently at the POS. BNPL providers like Affirm and One partner with retailers like Amazon.com and Walmart to finance customer purchases, earning a commission on the sale and interest on the loan.