PaidByCash
From Wikipedia, the free encyclopedia
PaidByCash is a cash payment system for Internet retailers allowing them to easily accept cash payment from their e-commerce customers, by exchanging cash for a MasterCard number at a retail location. PaidByCash was started in 2005 and is owned and operated by Retail Expansion Network, Inc.
PaidByCash is sold in the United States at 60,000 physical retail locations including Safeway, Inc., Circle K, and Rite-Aid. The shopper "purchases" a MasterCard number at the retail store using cash and a code printed from the website, the MasterCard number can then be used online (or over the phone) anywhere MasterCard is accepted.
The cost for the service varies by retailer and is between $1.95 and $4.95 each time cash is loaded.
[edit] Other cash payment e-commerce systems
- Konbini system (Japan)
- PostePay (Italy)
- 3V system (Europe)
