Las Vegas, Nevada – October 19, 2018 — Blackstone Payment Solutions, Inc. is proud to introduce BPAYCASH, a groundbreaking way to buy online and pay in cash, at this year’s Money 20/20 USA Conference in Las Vegas, Nevada, from October 22–24, 2018.
BPAYCASH bridges the gap between online shopping and cash-preferred consumers by allowing anyone—especially the unbanked and underserved—to complete e-commerce transactions safely and easily without the need for a credit card.
Many shoppers hesitate to make online purchases due to concerns about fraud or identity theft. BPAYCASH solves that by providing a secure, patent-pending system that enables customers to shop online and pay with cash at participating locations nationwide.
Here’s how it works:
The consumer shops online using any computer, mobile device, or in-store kiosk.
At checkout, they select BPAYCASH as the payment option.
An order receipt is sent via email, text, or printed at the kiosk.
The customer visits the BPAYCASH website to find the nearest authorized payment location.
The customer pays in cash, and Blackstone’s network instantly notifies the online store that the order is paid and ready to ship.
This innovative model benefits both merchants and customers. Merchants reach a new segment of buyers while avoiding traditional credit card processing fees. Consumers gain access to online goods with a nominal convenience fee, and participating retail partners share in the revenue.
To bring the solution to life, Blackstone partnered with Elo, selecting its Wallaby™ self-service stand and Android-powered all-in-one touchscreen for in-store use. These touchscreen systems simplify device management, content updates, and remote monitoring through EloView, providing a seamless and scalable platform for retail environments nationwide.
With tens of thousands of locations ready to receive cash payments, BPAYCASH launched a truly nationwide cash-to-digital bridge for online commerce — empowering every consumer, regardless of banking status, to participate in the digital economy.
Visit Blackstone at Booth #978 during Money 20/20 USA, October 21–24, 2018, to learn more about how BPAYCASHand Blackstone’s advanced payment technology can help your business increase revenue, expand reach, and enhance automation.
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