Paysafecash is a new and innovative payment solution from Paysafe, a global leading payments provider with over 20 years of specialized payments industry experience. Paysafecash enables consumers to easily pay with cash, securely, for financial services, rental payments, utility or insurance bills, healthcare invoices, online purchases, and for pre-paid services such as mobile phone monthly subscription fees.
With Paysafecash, you can offer your products and services to everyone, even customers without access to credit cards or bank accounts. You integrate cash buyers into your online stores and services and win new, satisfied customers.
Everyone has access to cash. Paysafecash has now digitized it for everyone.
Almost every second person from an ethnic minority does not have a bank account or has only limited access to online financial services.
Cash continues to be the most utilized method of payments in the US.
Having personal, credit card or financial information stolen by hackers is a major concern for most Americans.
1 Source: 2019 Federal Reserve Report “Economic Well-Being of U.S. Households“, Forbes „Cost of being unbanked or underbanked“
2 Source: FDIC 2019 “How America Banks, Household Use of Banking and Financial Services"
3Source: 2019 Federal Reserve Reprot “Diary of consumer Payment Choice“
4Source: 2010 Unisys Report 2020 “Infinancial Services Customer Securtiy Concerns“
Regardless of your business type, integration options to Paysafecash are simple and easy,
you can choose to integrate into Paysafecash directly or through a verified Payment Service Provider.
You can connect to Paysafecash directly with a full API integration or no technical efforts at all. Depending on which method you choose, Paysafecash will be either displayed as a payment option during checkout or you can generate a customized link with a payment invitation that can be sent to your customers via email.
You can also integrate Paysafecash indirectly via a verified PSP. This removes the need for a separate technical integration and onboarding process.