November 14, 2017

Payment Source teams up with Amazon to launch Amazon Cash at Canada Post locations across Canada

TORONTO -- Payment Source has 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 e-commerce 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 per cent of Canadians will abandon their online shopping cart because their preferred payment method isn't available and 40 per cent 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 per cent 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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