CashtoCode goes live in 10 new countries
CashtoCode, a payments service for online merchants, has announced its availability in more than 300,000 retail locations across 10 new countries.
This will give merchants access to countries across LATAM, Asia and Africa. Notable new CashtoCode retail locations include 7-Eleven in Mexico, Santander in Brazil, and Western Union in The Philippines.
CashtoCode is operated by Berlin-based FinTech Funanga.
Launched in 2016, its platform connects a network of online merchants from various industries and payment service providers with over 150,000 retail locations across Europe and international markets.
The service enables customers to pay for their online purchases with cash at their chosen retail location, or via an e-voucher in international markets outside Europe.
“This rapid expansion of our global footprint offers some big benefits to merchants and customers alike,” says CashtoCode CEO, Jens Bader.
“Cash deposits have always proven to be an effective driver of incremental revenue, and many digital entertainment providers are exploring new ways of adding cash to their payments ecosystem.
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