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.