10 Million Consumer Households don’t have a Debit or Credit Card.
In 2012 the Prepaid Phone market was estimated at 110.3 million people—more than one-third of the overall subscriber market. That was up from an estimated 98.7 million people in 2011. One out of every three cell phone subscribers uses a prepaid phone service. Most prepaid phone customers don’t want to stand in line at a mega store just to add minutes to their cell phone service.
Pay Cash Now can now provide your business with an online, nationwide footprint that can allow you to extend your reach and collect cash payments locally from your prepaid phone customers. The 10 million unbanked consumer households who don’t have checking accounts or credit cards can now have the opportunity to order your services.
The Pay Cash Now API is very similar to the PayPal® API and can be implemented will minimal effort. Pay Cash Now can guarantee receipt of funds to you within seconds after the consumer deposits the cash in their neighborhood Pay Cash Now Cash Acceptance Retailer.
Contact a Pay Cash Now account manager to learn how easy it is to implement the Pay Cash Now Network and begin offering this additional payment service to your customers.
Key Benefits of the Pay Cash Now Network
- Access to 10 million Additional Customers who don’t have debit or credit cards
- Zero credit card chargebacks
- Zero chance of credit card fraud
- Funds are 100% guaranteed at time of payment