Amazon announced new payment option for cash users

Amazon PayCode launches in the US

Amazon announced new payment option for cash users. Source: youtube.com

Amazon announced a new option for customers willing to pay with cash. Amazon PayCode, already available in 19 countries around the world, now launches in the US and allows customers to choose Amazon PayCode at checkout and then pay for their purchase in cash at one of 15,000 Western Union locations.

Items ship once customers pay for their purchase in person at a participating Western Union location. Amazon PayCode will be rolling out to customers over the coming weeks. Separately, Amazon Cash, which enables customers to load cash into their Amazon Balance for making online Amazon purchases, is now available in over 100,000 cash-loading locations nationwide.

The Federal Reserve Bank of San Francisco1 has reported that in 2018, 77% of payments in the US were made in-person. For these in-person payments, cash accounted for 39% of the volume. Now with the launch of Amazon PayCode and expansion of Amazon Cash, customers will have additional options to pay for their Amazon purchases in cash.

SEE ALSO: How to sell on Amazon

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