Tag Archives: cash

Amazon Cash Western Union Relationship Launched

Reference article off Marketwatch

Amazon Cash and Western Union Team Up

Now Amazon allows customers to pay for online purchases at Western Union. This is part of Amazon Paycode.  This should be a great convenience for the underbanked and nonbanked populace that struggles with the usual credit cards. Plus many of them use WU for wiring money currently.  Maybe they spend some at Amazon now.

1) What is Amazon PayCode?
Amazon PayCode is a new payment option that enables you to pay for Amazon orders with cash. You can shop online and pay at a participating Western Union® agent location near you. After you pay, we will ship your order to the shipping address specified at checkout.

2) How do I shop with Amazon PayCode?
If Amazon PayCode is available for your order you will see it as a payment option at checkout. You will be asked to provide additional information that is used to process your payment at a Western Union agent location. The price at checkout will be updated to reflect the price in your local currency. Upon completing your order on Amazon, you will be provided a code and instructions on how to make your payment at a participating Western Union agent location.

3) Where is Amazon PayCode enabled?
Amazon PayCode is currently available in the following countries and regions: Barbados, Chile, Colombia, Costa Rica, Federated States of Micronesia, Hong Kong, Indonesia, Kazakhstan, Malaysia, Marshall Islands, Mauritius, Palau, Peru, Philippines, Kenya, Taiwan, Tanzania, Thailand, USA and Uruguay. We are continuously working to launch additional countries, please check back frequently for updates.

amazon cash Amazon.com Inc. AMZN, -0.74% said Wednesday it is launching Amazon PayCode in the U.S., which allows customers to pay for online purchases in cash at Western Union Co. WU, -0.52% locations. Amazon said 80% of Americans live within five miles of one of Western Union’s 15,000 locations. Western Union’s stock rallied 3.5% in premarket trading, while Amazon shares slipped 0.2%. The ecommerce giant said Amazon Cash, which allows customers to load cash into their Amazon Balance for making online purchases, is also now available in cash-loading locations. Amazon said PayCode has already been available in 19 countries.

 

More Amazon Cash News

Coinstar Amazon Teams up to Provide Amazon Cash Reload Sites

Amazon Go stores will start accepting cash

Cashless Restaurants – Sweetgreen Will Start Taking Cash

Excerpt from Restaurant Business 4/1/2019

Washington, D.C.-based salad chain Sweetgreen will also start accepting cash again at all of its 94 locations by the end of the year following backlash cashless stores have faced for excluding people without credit cards or bank accounts, the company said last week.

‘Going cashless had positive results, but it also had the unintended consequence of excluding those who prefer to pay or can only pay with cash.’

—Sweetgreen salad chain
From the Sweetgreen Blog

We’ve made the decision to accept cash in all our restaurants nationwide by the end of 2019.

When we decided to go cashless it was based on our core value of win win win — the customer wins, the community wins, the company wins. We believed there were many advantages that would benefit the sg community, including employee safety — reducing incidents of robbery, sustainability — fewer armored cars and less paper, and efficiency — it would speed up service in our restaurants. If you want to read more about why we decided to go cashless, please read this article we published in 2016. Going cashless had these positive results, but it also had the unintended consequence of excluding those who prefer to pay or can only pay with cash.

Ultimately, we have realized that while being cashless has advantages, today it is not the right solution to fulfill our mission. To accomplish our mission, everyone in the community needs to have access to real food.