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More Than 200 Online Merchants Sign up with Retail Expansion Network |
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Retail Expansion Network, an e-commerce solution provider, has announced that more than 200 Internet retailers have added PaidByCash to their sites. PaidByCash enables consumers to easily use cash to make purchases online by obtaining a virtual prepaid MasterCard card account.
The new service was launched in the United States only two months ago and is gaining significant traction quickly among online merchants and shoppers. The PaidByCash Virtual Prepaid MasterCard account is issued by First Bank of Delaware. PaidByCash empowers consumers to leverage cash for online transactions simply by visiting one of 60,000 neighborhood retail outlets that will load cash onto a virtual MasterCard card account that can be used to make a payment online. Shoppers may load a PaidByCash card account with an exact amount for a one-time online purchase or load up to $350 and make multiple online purchases. Any online retailer that accepts Debit MasterCard can accept PaidByCash. Because very little integration is required to offer PaidByCash, online retailers are rapidly adopting it as a way to reach a broader range of consumers. American consumers who benefit from using PaidByCash include shoppers who are typically cash reliant and need to convert cash to make online purchases. |
