Rapyd has boosted its US offering after entering into an agreement with InComm Payments.
The partnership will enable cash payments and load solutions at participating retailers across the United States.
The firm detailed that cash is still the most preferred method of payment in the U.S. for transactions under $25.
Eric Rosenthal, Managing Director and President of Rapyd for the Americas stated: “Cash is still king in most of the world, but the digital economy is not currently set up to capitalize on it.
“Rapyd has made it our mission to expand the ways in which people can pay for digital goods and services across every border and every form of currency. We are excited to partner with InComm Payments to expand the customer reach of countless businesses and seamlessly integrate cash.
“Billers and retailers continue to explore convenient options to offer their customers a full range of payment choices,” said Tim Richardson, Senior Vice President at InComm Payments. “Our partnership with Rapyd will deliver enhanced payment flexibility and convenience with regards to cash payments for retail customers across the country.”
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.