Walmart pays sellers every two weeks for their sales on the Marketplace. Payment is made through an electronic funds transfer (EFT) to the seller's designated bank account. Here are the steps to set up payment for your sales:
1. Log in to your Walmart seller account.
2. Go to the "Settings" tab and click on "Payment Account."
3. Enter your bank account information, including the account holder's name, account type, routing number, and account number.
4. Click "Save" to confirm your payment account.
5. Walmart will verify your payment account information, which may take a few days.
6. Once your payment account is verified, you can view your payment statements and payment history on the "Payment Account" page.
It's important to note that Walmart charges fees for payment processing, which are deducted from the seller's payment. The payment processing fees are based on the payment method used by the customer, and can range from 2% to 6% of the transaction amount. Sellers should review Walmart's fee schedule and policies carefully to ensure that they understand the fees that apply to their business.
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