Cash Pay-Out

Solutions

Merchants sends a transfer in USD from his local bank to Localpayment´s Account

Localpayment converts amounts

Localpayment sends $ (local currency), to the selected cash provider

Customer goes to the Cash Provider store with his National Identity Card

Customer Gets Cash at the store

1

Merchants sends a transfer in USD from his local bank to Localpayment´s Account

2

Localpayment converts amounts

3

Localpayment sends $ (local currency), to the selected cash provider

4

Customer goes to the Cash Provider store with his National Identity Card

5

Customer Gets Cash at the store

Benefits:

 

  • Targets a high percentage of the NOT BANKED active population.
  • Complete coverage of the country is achieved.

Characteristics:

 

  • Easy to use
  • More than 30,000 physical locations among the 4 cash alternatives.