Payment Source Brings Amazon Cash to 98% of Canadian Population

Payment Source

Amazon in Canada now offers Amazon Cash in collaboration with Payment Source.

The company announced they are bringing the Amazon Cash service to all Canada Post locations. This will make Amazon Cash accessible to about 98 percent of Canada’s population, a huge boost to Amazon to reach more customers.

Amazon Cash is the service by Amazon that allows Amazon customers to add funds to their account with cash. This solution provides access to the retailer’s vast collection of products to shoppers who do not have or do not wish to use a credit card.

Amazon Cash will be part of the Payment Source Loadhub pay-in-person solution.

Here is the Press Release from Payment Source

Today, Payment Source, the premier alternative payment provider in Canada, announced that customers across Canada can now visit any Canada Post retail location to add cash to their Amazon.ca balance using Amazon Cash, powered by Payment Source’s award winning Loadhub pay-in-person solution.

“Offering Canadians a convenient way to pay for online purchases with cash or debit is a key step towards financial inclusion,” says Trevor Cook, CEO of Payment Source. “The benefits of ecommerce should not be restricted to Canadians with access to a credit card. Amazon Cash brings that online shopping experience to everyone.”

According to a Smart Insights survey, 59 percent of Canadians will abandon their online shopping cart because their preferred payment method isn’t available and 40 percent would have more confidence in the etailer if there was more than one payment method.

Loadhub’s omni-channel payment technology is available at 6,000 Canada Post locations across Canada, ensuring that Amazon Cash is accessible to 98 percent of the country’s population.

To use Amazon Cash, customers can visit amazon.ca/cash to receive a barcode linked to their account. They bring this barcode to any Canada Post location, where the Loadhub platform enables them to pay in person with cash or debit to add funds to their Amazon.ca account.

Learn more about Payment Source at www.paymentsource.ca.

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Richard is a long time entrepreneur. He has nearly 17 years of eBay experience and his current company is a perennial Top Seller on eBay with tens of thousands of customers in over 100 countries. To "relax" from the business grind, on some weekends he works for IMSA as a professional sports car race official.

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