Walmart scrapping layaway, offering ‘buy now, pay later’ program instead

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by: Cris Belle, Nexstar Media Wire Posted: Sep 25, 2021 / 02:43 PM EDT / Updated: Sep 25, 2021 / 02:43 PM EDT Walmart recently announced that the company is scrapping its layaway plan just before the holiday shopping season, and instead switching to a “buy now, pay later” program in partnership with lending company Affirm. (AP Photo/Alan Diaz, File) (WJW) – Planning your holiday shopping and how you’ll finance it? Walmart recently announced that the company is scrapping its layaway plan just before the holiday shopping season, and instead switching to a “buy now, pay later” program in partnership with lending company Affirm. The company, which recorded a total revenue of $559 billion in 2020, says this alternative to layaway allows customers to purchase products immediately and pay over time.  Which items can customers purchase under this new plan? “We’ve learned
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