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02/06/2019

Your cash is good at Amazon

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Not having a credit or debit card is no longer an obstacle to making online purchases at Amazon.com.

Amazon is offering a new service called Amazon Cash that allows customers without bank or credit accounts (or who would prefer not to use them) to make online purchases with good old-fashioned paper money. Amazon Cash users do need to have an Amazon account and a mobile phone.

To take advantage of Amazon Cash, consumers bring cash to a participating CVS, GameStop or 7-Eleven store location. They then verify their Amazon account in one of two ways. Customers can receive a unique identifying bar-code provided by Amazon that is scanned by an associate or at a kiosk, or by providing the mobile phone number linked to their account to an associate or entering it into a kiosk.

Participating stores will accept at least one of these identification methods. Customers can place between $5 and $500 in cash into their Amazon account balance. The cash value is added to their balance in the form of an Amazon gift card within seconds of the transaction and is available to spend digitally on Amazon.