More services to be paid via PreCash system

October 16, 2008 - 4:34am | News | Payment systems |
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About 100 new billers were subscribed for the Bill Pay service of PreCash, Inc., the largest addition of service providers since the launch of the PreCash Bill Pay service which now includes more than 150 billers.

Now more cash-paying and underbanked consumers in the United States will be able to pay their bills with cash. Those recently included providers cover such bill payment categories as wireless, cable/satellite, local phone, utilities, insurance and car loans.

"PreCash has a large suite of cash bill payment options, including all the most popular wireless providers like Alltel, AT&T, Sprint, T-Mobile and Verizon," said John Chaney, CEO, PreCash. "The addition of nearly 100 new payment options makes it easier, faster and more convenient for consumers without a credit card or bank account to pay their bills. Furthermore, these new billers give merchants offering our services in their retail locations additional ways to earn revenue and draw repeat visits."

With the PreCash Bill Pay Service customers can make cash payments at retail locations for recurring bills. A PreCash retailer accepts cash for the amount of the customer’s bill and then uses PreCash's online system to apply the payment to the consumer's account.





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