Amazon Cash makes it easier to shop on Amazon without a debit or credit card

Amazon Cash makes it easier to shop on Amazon without a debit or credit card





Amazon is launching a new service today called Amazon Cash, which is meant to make it easier than ever for customers who don’t have credit, debit, or bank cards to still be able to shop on the popular internet retailer, as noted by TechCrunch.
The new service allows for customers to simply display a barcode at a participating retailer and deposit cash directly to their Amazon account. It’s a slightly more streamlined process than before: previously, anyone wanting to use Amazon without a bank card was forced to buy gift cards or prepaid debit cards.
The barcode for Amazon Cash can be generated by visiting the Amazon Cash site, and it can be accessed through Amazon’s website, the mobile app, or saved to things like the Android home screen or the iOS Wallet for easy access. Customers without access to smartphones can also print out the barcode and bring to stores in person to directly deposit funds.



Amazon Cash will be available at a variety of major retailers, including CVS Pharmacy, Speedway, Sheetz, Kum & Go, D&W Fresh Market, Family Fare Supermarkets, and VG's Grocery (with more retailers said to be on the way). Customers can deposit money in amounts between $15 and $500 dollars, whereupon it will be accessible as credit on Amazon, just like a gift card.
It’s an important move on Amazon’s part to better appeal to customers that don’t have access to bank or credit cards, which — per a 2015 FDIC report — comprise almost 7 percent of the country, (along with an additional 24 percent that are considered “underbanked”). It’s also yet another service that puts Amazon in contention with competitors like Walmart and PayPal, which both offer similar services for unbanked customers

Comments

Post a Comment

Popular posts from this blog

Teenagers Already Know the Key to Protecting Your Privacy

Image
Anna Wolska-Rzewuska—Getty Images/iStockphoto TECHNOLOGY Teenagers Already Know the Key to Protecting Your Privacy Sean Parker Mar 29, 2017 IDEAS Bamberger is the Rosalinde and Arthur Gilbert Professor of Law, and Mulligan is an Associate Professor in the School of Information, at UC Berkeley; both are Faculty Directors of the Berkeley Center for Law and Technology. When it comes to protecting our  privacy , we can take a cue from teenagers. As WikiLeaks’ recent disclosures  revealed, the  CIA  and other agencies have designed and purchased hacking tools that can use your personal devices, including laptops and TVs, to secretly spy on you in your own home. Savvy tech users, as many teens are, know their laptop cameras are vulnerable to hacks. So they tape over them. We shouldn’t have to rely on duct tape to protect our  privacy . The ease with which the CIA and other intelligence a...
Read more

Apple adjusts Mac Pro pricing, but you still shouldn’t buy it

Image
Apple adjusts Mac Pro pricing, but you still shouldn’t buy it 5 You get better specs at each price level, but it’s still three-year-old hardware by  James Vincent   Apr 4, 2017,  Apple has issued a  mea   culpa  over the Mac Pro, telling a  number   of   publications  that it’s “sorry” there was a “pause in upgrades and updates” for the device — introduced in 2013 and stagnant ever since. The company says a new Mac Pro with an all-new design is coming, but in the meantime, it’s switched up pricing and components of existing models to give customers a  slightly  better deal. The design of the Pro remains unchanged, but the new entry-level $2,999 model now comes with a six-core Xeon Processor (the old model had a four-core chip), dual Fire Pro D500 GPUs (instead of D300s), and 16GB of RAM. The high-end $3,999 Mac Pro ups its processor to an eight-core model, and bumps those D500 GPUs to D700s. ...
Read more