10 Million Consumer Households don’t have a Debit or Credit Card.
Among stored value cards, reloadable multipurpose cards most closely resemble traditional debit cards and are thus most likely to meet the needs of the 10 million unbanked or underbanked.
Whether you utilize an Open System Card or a Closed System Card, the Pay Cash Now network can provide your business with an nationwide network to reload your stored value cards. You simply connect to us and we connect to our nationwide network of cash acceptors.
The Pay Cash Now API is very similar to the PayPal® API and can be implemented with 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 Network of cash acceptance retailers.
Contact a Pay Cash Now account manager to learn how to implement the Pay Cash Now Network into your current online electronic checkout system.
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