ATLANTA — TrustCash introduces a cash only-payment system called "TrustCash Deposit."
With this service, TrustCash hopes to free webmasters from the problems associated with online payment processing. It also aims to provide smoother online transactions that may help in opening up new online payment options to adult consumers.
"We want to tell webmasters how better it is than credit cards for high risk payments,” the company said. “A cash-only solution works best in the high-risk world because it means no chargebacks.”
The TrustCash Deposit platform is a payment system that allows merchants to accept cash at TrustCash bank locations in the U.S. and Canada.
Users go to a merchant’s site and create a pending invoice. Their invoice goes to a TrustCash bank location and pays the cash amount.
Merchants are notified of the payment within the next 24 hours.
