Almost 2 billion people all over the world (and almost 20% of all Europeans) have no credit card, bank account, or are simply underserved with no access to online banking services. This is why cash remains the most preferred payment method worldwide. Identity theft and bankcard fraud are globally the primary barriers for consumers to make online purchases and about 80% of all transactions in Europe are still cash based. With implementing Paysafecash you can solve all these issues at once and enable your customers to pay with cash 24/7, conveniently and securely.
By introducing Paysafecash you address a fundamental need of some of your customers to use cash. Limited access to digital payments, security concerns, or just the simple desire to digitize their cash are reasons to use Paysafecash. Additionally, it the easiest way to use cash online 24/7 in almost 30 countries.
Paysafecash is the most convenient option to pay cash for online services and products. However, no cash payment option will ever be as comfortable as simply using your credit card or bank account to pay online. To pay with Paysafecash, customers must leave their homes and pay at one of our 200.000 acceptance partners in almost 30 countries. The fact, that thousands of customers every day are willing to take these extra steps indicates that they are not happy with the existing payment options. This is how we can be sure, that all the Paysafecash users are new customers for you.
Short answer: all who facilitate online payments as Paysafecash enables consumers to pay securely and easily with cash online. However, we found that particular financial services, utility or insurance bills, healthcare invoices, online purchases, and account replenishments for pre-paid services such as mobile phone monthly fees are particularly designated for cash payments.
Paysafecash enables your online customers to pay with cash. Hence, you receive direct access to most important payment tool worldwide: cash. Summarized in a nutshell, you can win new customers, increase customer satisfaction, and reduce operational costs.