Effective immediately, Walmart and Paymentus have formed a partnership designed to modernize how bills are paid in Walmart stores and in the Walmart app. As part of the collaboration, Walmart has joined the Paymentus Instant Payment Network, according to a press release.

Paymentus' advanced bill payment platform helps customers with bill management, bill presentment and payments through digital wallet, web, mobile, IVR, text, email, chat, voice assistant, point-of-sale and agent assisted channels. The company's fully unified platform utilizes artificial intelligence (AI) to constantly improve interaction quality, maximize uptime and reduce fraud for businesses.

The inclusion of Walmart to the Instant Payment Network extends Paymentus' reach to 140 million U.S. consumers who visit Walmart in person or online every week.