Paysafe partners with Aircash for cash-based money transfers

To add cash into their accounts, users select ‘cash’ as the top up method on the deposit screen of their Aircash wallet app. This generates a barcode which they can take to a nearby Paysafecash payment point to complete the transaction in cash.

International research commissioned by Paysafe in 2020 into how COVID-19 has impacted consumer payment preferences showed that cash remains central to people’s spending plans and retains a firm role as part of the payment ecosystem. 50% of respondents believe that cash is the most reliable form of payment in a crisis and 72% of people said they would be worried if they weren’t able to access cash.

Aircash’s officials said that the company’s wallet is a mobile payments application that allows users to deposit, store, and transfer their money in a digital form. By allowing them to top up their accounts with cash through a solution like Paysafecash with its wide network of payment points, they are making this service more accessible for their users, according to the statement.

the paypers logo

The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.

 

The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.

 



No part of this site can be reproduced without explicit permission of The Paypers (v2.7).

Privacy Policy / Cookie Statement 

Copyright