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Yes, Walmart layaway can be cancelled of which I’ll elaborate in the following paragraphs. To do so, one needs to go back to the original location at the store either the customer service desk or the layaway section where you started the plan. In the same respect, Walmart does accept cancellation, though frequently there is a cancellation fee which ranges about $10. The balance of the amount you have paid deducting this fee will be refunded to you. It also provides required elasticity for customers while providing the layaway system’s essence. Still, it is wise to consult the specific terms of the company that your local Walmart belongs to.