Accepting Cash for Ecommerce is Bringing Unbanked Customers Back to Retail with David Barclay
Jan 14, 2020
When consumers think of ecommerce payment methods, debit and credit cards are the most prevalent forms of plastic they’ll pull out of their wallets to make a purchase. But a recent report finds as many as 6.5 percent of American households do not have a bank account. Retailers are beginning to realize these cashless, ecommerce payment models don’t work for all consumers.
Dallas-based Tidel is helping bring cash automation solutions to retail by providing proven cash management systems that enables to gain a better handle on how they manage their cash, and cater to the cash-paying consumer. To discuss, host Daniel Litwin sat down with David Barclay, Vice President of Marketing for Tidel for this episode of Cashing-In with Tidel.
People may not think of car dealerships as the type of establishment that traditionally handles cash, but through down payments, aftermarket accessories, and the parts and service department, cash is something all dealerships contend with.