Consumers pay nearly 1.9 billion bills per year with cash and the partnership enables doxo users to make cash payments in popular US retail locations, including 7-Eleven, Dollar General and Family Dollar. This feature will be available for doxo users in the coming months and will roll out to the approximately 60,000 participating retail locations in InComm Payments' network.
The cash payment process offers secure checkout for all bills with the added option to select ‘Pay with Cash.’ The system then provides a barcode via the doxo mobile app that users scan at the register of the nearest participating retail location to instantly pay billers in their doxo account with cash. Once a doxo customer makes the cash payment, doxo delivers payment to the biller – just the same as payments made with checking accounts, credit cards, debit cards, or Apple Pay.
According to the Federal Reserve Bank of Atlanta, a little more than 12% of bills, equating to nearly 1.9 billion of the 15.5 billion bills paid by US households each year, are paid using cash. For doxo's all-in-one bill pay service, adding cash payment to its portfolio of payment options is providing consumers the flexibility and convenience needed to stay on top of household bills and improve financial health.
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