Amazon Cash is the retailer's way of letting more consumers shop online on its website, throwing the need for a debit or credit card out the window by giving them the ability to make purchases with paper money.
The process is pretty straightforward, but of course, there are some things to keep in mind as well, including how to add funds to an account, how much is allowed per transaction, and whether or not there is a transfer fee, to name a few.
How To Add Paper Money To Amazon Account
Adding paper money to your Amazon account is as easy as 1-2-3, and anyone can do it in just a couple of steps.
Step 1: Go to the Amazon Cash page and log in to your account.
Step 2: Get a bar code. You have the option to have it sent to you via text message or print it out, which is recommended for those with cracked screens.
Step 3: Head out to a participating store (refer to the list below).
Step 4: Show the cashier the bar code you received or printed out and have them add any amount from $15 to $500.
Step 5: The cashier will verify your purchase by scanning the bar code, and the total you paid will be added to your Amazon account and be available immediately.
Note: You can keep using the bar code again and again each time you need to add funds to your account, and you can even set it as an Android shortcut on the home screen or fix it on your iOS Wallet app.
List Of US Stores That Support Amazon Cash
• CVS Pharmacy
• Kum & Go
• D&W Fresh Market
• Family Fare Supermarkets
• VG's Grocery
Those are the current stores across the United States that support Amazon Cash. More retailers are expected to be included in the foreseeable future.
Amazon Cash: What To Remember
First things first, Amazon Cash users can ask to have any amount between $15 and $500 added into their Amazon accounts each transaction, as mentioned earlier.
Second, there's no fee to pay to transfer money, and that means customers will get to spend the full amount they added at Amazon's website.
Third, shoppers will need at least a smartphone or a printer at hand.
Last but not least, buyers should know that the whole process will always require a visit to an Amazon Cash-supported brick-and-mortar store.
The Bottom Line
Amazon Cash is the solution that shoppers who want to buy stuff on Amazon but don't want to use a debit or credit card. Before this, they had to rely on Amazon Gift Cards, which are only available in fixed denominations of $15, $25, $50, and $100.
It should be pointed out that this isn't the first time that a service like this turned up. PayPal already launched PayPal My Cash back in January, and it also lets users turn paper money into online funds using bar codes. To put two and two together, there's already a competition going on.
Just to be clear, Amazon Cash is now rolling out in the United States.
With everything cleared up, what do you think of Amazon's new offering? Feel free to hit us up in the comments section below and let us know.