Amazon Top Up made available for UK shoppers

Monday 28 August 2017 10:35 CET | News

Amazon has launched Amazon Top Up in UK to let shoppers pay with cash by loading between GBP 5 and GBP 250 into their Amazon UK account in a single top-up transaction.

The service is free of fees, and funds are available to spend on immediately after loading in – restricted to spending on eligible products (though Amazon says this is in the “millions”).

Users must first get a barcode linked to their account, through the Amazon website or mobile app – either can be sent to their mobile or printed on paper. Then the shoppers take the barcode and cash to one PayPoint in convenience shops, grocery stores and petrol stations. Here, the cashier scan the code and add the cash to their balance.

Cash loaded into Amazon this way cannot be withdrawn, it is designed to help the unbanked or underbanked to maintain a spending balance on Amazon’s platform.

According to Amazon, more UK retailers are “coming soon”. In reality users of Amazon Top Up are purchasing an Amazon Gift Card that’s added to their UK account Gift Card Balance. The balance expires 10 years after the cash being loaded in if it’s not spent.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Amazon, Amazon Top Up, UK, shoppers, ecommerce, cash, transaction, account
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce