Amazon brings cash and debit card top-up option for online shopping to Canada

14 November 2017

Amazon Amazon is expanding its cash top-up option to Canada to allow underbanked customers or shoppers with limited payment capabilities, except for bank notes or debit cards, to enjoy online shopping with the largest global retailer.

In order to avail themselves of Amazon Cash service, customers need to load the website or open their mobile app and request a barcode for completing the transaction with cash. The barcode can be sent either in the SMS or printed on paper, after which users may walk to any of 6,000 post locations across Canada and show their barcode for adding money to their account using Loadhub service provided by Payment Source, a Canadian provider of prepaid products and gift cards.

A great number of surveys indicate that more than a half of Canadian shoppers discontinue shopping online after they find little options to make payments for their purchases in the cart. Many Canadians tend to trust more to retailers with a wider range of payment methods.

Trevor Cook, speaking for Payment Source, notes that with a cash and debit card top-up possibility financial inclusion in Canada will move to a new level.

This April Amazon announced the introduction of Amazon Cash service in the United States to enable American shoppers to add funds to Amazon accounts by visiting participating retailers, including CVS and Speedway.

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