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Pay for Online Purchases with Cash

May 1, 2012 | Author: Ibex Marketing

From the What Will They Think of Next Department:

Do you enjoy the convenience of shopping in your BVDs at any hour of the day or night, but still feel a little queasy about sharing your credit card information on the Interwebs? Are you the type who thinks that “left pocket, right pocket” is all you need to know about domestic bookkeeping? Do you still prefer to use old-fashioned “folding green” to pay for your purchases?

If so, here’s a back-to-the-future innovation from Walmart that you’re going to love: pay for your online purchases with cash! No, they don’t come out to your house and install a tiny reverse-ATM on your computer. Instead, you place your order online, and then you have 48 hours to get to any store to pay for your purchase. Walmart will then ship your order; you can choose to have it shipped directly to your home or to the nearest store.

According to the Walmart press release, the FDIC reports that about a quarter of U.S. households do not have access to a credit card or bank account. For these people, cash is the most convenient payment option. Until now, however, this has left them shut out of the larger product selection and special discounts available through online shopping at Walmart’s website.

So when you’re shopping for your next consumer electronics device — or perhaps even an HDTV — you now have the option to shop online and still pay with cash.