Rapyd, a global B2B Fintech as a Service provider, announced on Thursday it has joined forces with InComm Payments to enable cash bill pay and load solutions at participating retailers across the U.S.
According to Rapyd, the partnership will empower participating billers and other consumer-facing providers of goods and services, to provide cash payment options to their customers, allowing them to grow their businesses.
“Consumers will be able to use cash to add funds and pay their bills at participating locations that they already frequent in their communities such as grocery stores and pharmacies. They can simply show their unique barcode to the cashier through their smartphone app and instantly add funds to participating accounts or pay their bills. Those funds can be used to make monthly payments on loans and purchase online goods and services without the need for a credit card.”
While speaking about the partnership, Tim Richardson, Senior Vice President at InComm Payments., shared:
“Billers and retailers continue to explore convenient options to offer their customers a full range of payment choices. Our partnership with Rapyd will deliver enhanced payment flexibility and convenience with regards to cash payments for retail customers across the country.”
Founded in 2016, Rapyd’s global payments network connects companies to “all the ways the world likes to pay.” The company noted:
“With Rapyd, digital sellers in Latin America can accept cash. Online shoppers in Asia can pay with their favorite ewallet. And businesses can make payouts to companies and individuals anywhere in the world. With 900+ payment methods in 100 countries, you can open new markets, reach new customers, and create new opportunities anywhere.”