Paysafecash — enabling online payments for ‘cash consumers’
Paysafecash, the new innovative cash-based payment solution from Paysafe is now available at Payrexx. This partnership entails a great potential to grow and opens access to untapped consumer groups for Payrexx merchants.
With the integration of Paysafecash, Payrexx can now provide an alternative and customer friendly payment method for businesses in the UK, Austria, Czech Republic, Spain, Belgium, Italy, the Netherlands as well as other Central and Eastern European countries.
For millions of consumers worldwide, cash remains their preferred payment option because it is still perceived as the safest way to pay. Many people don’t trust credit cards when paying online, as they feel uncomfortable transmitting their bank or credit card details. These cash paying consumers represent a massive growth potential for online merchants worldwide. Paysafecash has been specifically developed for the needs of online merchants operating within the e-commerce sectors such as e-retail, travel and ticketing and stands out through its very secure and customer-friendly payment process.
The integration of Paysafecash simplifies the e-commerce and online payment experience for Payrexx customers, enabling them to offer their online shoppers a new alternative payment method that allows simple and secure online payments with cash. Paysafecash enables people to buy online, even if they have no access to credit cards, online banking or do not want to provide their financial data for security reasons.
The customer payment process is very easy
- Customer generates barcode
After selecting a product or service in an online store, the customer selects “Paysafecash” as the payment method and is presented a QR/barcode. This code can then be loaded to his wallet, sent to his mobile phone or be printed out.
- Customer finds nearest payment point
Using the search function on the website or in the Paysafecash app, the customer finds his nearest Paysafecash payment point.
- Barcode is scanned and paid
After the barcode is scanned by the sales person at the payment point, the customer pays the open amount in cash. The merchant/online shop is then immediately informed and instructed to process the sale.
Market availability and expansion
Paysafecash is a new product of paysafecard and part of the Paysafe Group, a global provider of payment solutions. With over 20 years of experience in payments, Paysafe has a combined transactional volume of over US $80 billion in 2017 and approximately 3,000 staff located in 12+ global locations. Paysafe connects businesses and consumers across 200 payment types in over 40 currencies around the world.
Paysafecash is already live in 20 countries: Austria, Belgium, Canada, Croatia, Czech Rep., Denmark, Hungary, Ireland, Italy, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and the UK. Many more countries within Europe are already on the roadmap and will follow shortly.
To learn more about how you will benefit by offering Paysafecash in your web shop, just go to www.paysafecash.com/brings-cash-online.