+86 15546883080 (China mainland) +852 6554 1700 (Hong Kong)  [email protected]

Amazon brings cash payment option to the US

Amazon will let customers buy something online, then visit a Western Union in person to pay with cash.

Amazon announced “Amazon PayCode” on Wednesday, which lets shoppers buy something online, then show up at one of 15,000 Western Union locations in person to pay in cash, reports CNBC. That option was already available in 19 countries, but is rolling out in the U.S. in coming weeks, the company said.

It also unveiled “Amazon Cash” — way for users to load cash into their Amazon balance in person, so they can make online purchases later. That is now available in over 100,000 cash-loading locations nationwide.

“Customers have told us they love the convenience of paying in cash,” Ben Volk, Director, Payments at Amazon, said in a statement Wednesday. “Together with Western Union, we’re able to offer customers more shopping choices, enabling them to pay for their online purchases in a way that is convenient for them.”

Despite the rise of mobile payments, cash is still a leading payment method in the U.S. Last year, 79% of consumers used cash for purchases. PayPal, by comparison, had 44% of consumer purchases. Apple Pay made up 9%.

At checkout, customers can select the “Amazon PayCode” option to get a QR code and a number, which they show to a Western Union agent. They have 24-hours after the order is placed to show up at a location. In the event of a return, customers get cash back.

According to Vox, Amazon PayCode  is just the company’s latest attempt to appeal to lower-income shoppers in the US who have long turned to low-price retail chains like Walmart instead of Amazon.

More Amazon news

Amazon lists thousands of banned and unsafe products

Amazon lists thousands of banned and unsafe products

Dangerous products for sale on AmazonThe platform was found to have 4,152 items that were deemed unsafe by federal agencies, labeled misleadingly, or banned by federal regulators by a report from The Wall Street Journal.These listings, many of which were...

read more
Amazon Launches Operations in Israel

Amazon Launches Operations in Israel

Amazon expands to the fast-growing Middle East marketAmazon announced the start of operations in Israel and launched a website encouraging  sellers to start deliveries to Israeli customers.Amazon Services website in both Hebrew and English offers local and...

read more
Amazon Will Invest $15 Billion in Third-Party Sellers

Amazon Will Invest $15 Billion in Third-Party Sellers

Amazon invests in new tools to help sellers grow their businessThis year Amazon is going to invest $15 billion in new tools, services and programs designed to assist its third-party sellers.Since the start of 2019, Amazon has launched 150 tools and...

read more