SafetyPay, a US-based online payment systems developer, has added a global cash payment option, which enables online merchants to accept cash payments from customers within the US and internationally.
The newly launched service will be available across the US, Brazil, Peru, the Caribbean, Russia and the CIS countries. In the US, customers can shop from any SafetyPay affiliated merchant’s online store, select the item or service they want to acquire, complete the order by going to the nearest Walmart or CVS store to pay in cash and the transaction is directly deposited in the merchant’s bank account. SafetyPay has over 700,000 cash payment locations available worldwide.
According a survey released by to market research company Gallup World, 2.5 billion people do not have bank accounts or debit/credit cards to purchase items from online merchants.
In recent news, SafetyPay has partnered ZipZap, an alternative payments company, to add the latter's CashPay service as its preferred cash payment option for e-commerce merchants across all channels.
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