Q:

How does layaway work at Walmart?

A:

Walmart layaway lets customers reserve purchases with a total value of $50 or more by making a down payment and agreeing to periodic installments. The service is only available for the holiday season lasting from mid-September to mid-December. As of August 2013, Walmart terminated the opening fee applied to purchase balances, making layaway service free. Customers must pick up the reserved items and finish payment by the December end date.

Layaway is only available for in-store purchases, and select stores offer year-round service for customers buying jewelry. Each item must be at least $15, and qualifying purchases are typically limited to jewelry, electronics, toys, small appliances and sporting goods. In 2013, Walmart expanded the layaway selection to include infant toys and car electronics, while wireless contract-based phones are excluded. The initial down payment must equal 10 percent of the balance or $10, depending on which amount is greater.

Customers open a layaway account at Walmart service desks, but installment payments can be completed at normal registers. If customers decide to cancel layaway purchases, they are charged a $10 fee and reimbursed for any previous payments. In some cases, items must be stored off-site, and customers are given a longer grace period for pickup. Walmart's standard policies on returns and ad matching also apply to layaway purchases, allowing customers to pursue refunds, exchanges or price reductions.


Is this answer helpful?

Similar Questions

  • Q:

    Does Walmart accept PayPal?

    A:

    Walmart does accept PayPal as a form of payment on Walmart.com in addition to more conventional payment methods such as credit and debit cards. To use PayPal on Walmart.com, a user will need to have an active PayPal account.

    Full Answer >
    Filed Under:
  • Q:

    How do you check the balance of a Walmart Money Card?

    A:

    Check the balance on your Walmart Money Card by sending Walmart a text message and waiting for the response. Unlike some other prepaid debit cards, the Walmart Money Card doesn't charge for checking the balance.

    Full Answer >
    Filed Under:
  • Q:

    How does sponsorship work?

    A:

    Sponsorship involves a benefactor supporting an individual, event or group in exchange for the ability to commercially exploit the association. The support can be financial or material by supplying needed equipment or services.

    Full Answer >
    Filed Under:
  • Q:

    How do RFID tags work?

    A:

    RFID tags work by absorbing the radio frequency energy from a scanner and using that energy to respond with data. The simplest passive tag consists of an antenna and chip containing encoded data, and its only power source is the electromagnetic energy it absorbs from the scanning pulse. These tags are cheap and easy to manufacture, but their effective range for scanning is extremely limited.

    Full Answer >
    Filed Under:

Explore