FinXP has announced a new strategic partnership with CashtoCode, the instant cash payment service for online merchants.
The collaboration allows FinXP merchants to efficiently embrace CashtoCode as a new payment option and start accepting cash payments for online goods and services from more than 150,000 physical locations worldwide.
“The payments industry is very crowded and it is filled with me-too products that end up competing on price. At FinXP, we are applying our long experience in the industry to identify previously unseen opportunities that allow us to add value in new ways. Innovation is key, and therefore we are proud to work alongside CashtoCode who share a philosophy similar to ours,” Jens Podewski, CEO of FinXP, said.
“We’ve seen a surge in demand for cash payments for online goods, and there is a community of people who will always prefer to pay by cash wherever and whenever possible. FinXP is a fantastic platform and the benefits of this partnership will be felt in many places. It offers us a great new route to market and broadens FinXP’s payment options even more. It will help hundreds of merchants to start accepting cash payments ASAP and give customers who prefer cash an alternative and secure way to pay for their favourite digital products and services,” Jens Bader, CEO of CashtoCode, said.