Wednesday, April 5, 2017

Amazon launches Amazon Cash, a way to shop its site without a bank card | TechCrunch

Amazon launches Amazon Cash, a way to shop its site without a bank card | TechCrunch



...Amazon this morning announced the launch of Amazon Cash, a new service that allows consumers to add cash to their Amazon.com balance by showing a barcode at a participating retailer, then having the cash applied immediately to their online Amazon account. The service will support adding any amount between $15 and $500 in a single transaction,...



...This “cash customer” (the unbanked or “underbanked) accounts for around 27 percent of consumers, said a 2015 report from the FDIC....



...There are also no fees – something that can’t be said of all the prepaid cards on the market.



...barcode...




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