Cash

Overview

Cash payments allow customers without access to banking services or credit cards to make purchases online or in-person by using physical currency. Our payment processing system enables businesses to accept cash payments through a network of affiliated retail locations, convenience stores, and payment service points across various regions.

How Cash Payments Work

The cash payment process typically follows these steps:

1. Voucher Generation: When a customer selects cash payment at checkout, our system generates a unique payment voucher or reference code.

2. Voucher Distribution: The payment voucher is delivered to the customer via email, or displayed on the checkout page, including details of nearby payment collection points.

3. In-Person Payment: The customer visits a participating retail location, presents the voucher/code, and pays in cash.

4. Real-time Notification: Once the cash payment is processed, the retail location's system sends confirmation to our platform.

5. Payment Confirmation: Our system updates the payment status to "Approved" and notifies your business through webhooks and the merchant backoffice.

Integration Options

See our Integration Types section for more information.

Security Considerations

• Each voucher contains a unique reference number to prevent duplication.
• Barcodes and QR codes include validation mechanisms to prevent fraud.
• Vouchers expire after a predefined period to reduce the risk of abandoned transactions.

Regional Considerations

Cash payment networks vary significantly by region.

Advantages of using PayRetailers for your cash payments

1. We provide the customer with clear instructions on the voucher about where and how to pay.
2. We show the customer nearby payment locations when possible.
3. We offer appropriate voucher expiration periods based on your our business rules.