Walmart Teams with Payoneer to Provide its Third-Party Sellers with Working Capital Solutions

PYMNTS.com recently reported that Walmart is partnering with Payoneer to deliver three types of working capital solutions to Walmart.com’s third-party sellers. The solutions are intended to help sellers better grow their businesses. Let’s get you the important details.
What are the Solutions and How Will They Help?
The new capital solutions that Walmart and Payoneer are to provide include:
- The one-month Capital Advance Express program,
- The three-month Capital Advance Grow program, and
- The six-month Capital Advance Plus program.
The various plans are designed to help Walmart sellers expand and diversify their businesses by providing three capital solutions that meet a seller’s specific needs. In particular, the additional cash flow can help a seller:
- Prepare for busy seasons,
- Expand into different markets, and
- Branch out into new categories.
According to Walmart Senior Director, Marketplace Strategic Programs Tomas Ponce De Leon, “Affordable working capital is more important than ever to help our sellers grow their business.” He continued, “Our relationship with Payoneer helps provide sellers access to multiple capital advance programs to meet their business needs.”
Brand Focus Digital’s Take
We see this as a great opportunity for third party sellers. While it might not make or break a seller, it may provide that tipping point that allows a merchant to grow or diversify and move into a new market. We’ll continue to monitor the story and report back with any real-time reactions from sellers as to the costs and benefits of the new solutions.
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