As Poslovni Dnevnik/Ivan Tominac writes, the Croatian fintech Aircash and the multinational online payment platform Paysafe have concluded a cooperation that allows Aircash wallet users to top up their wallets directly with cash in more than twenty countries across Europe, from Austria to Sweden.
When they want to add cash to their account, Croatian Aircash wallet users choose the “cash” option as a top-up method. This generates a barcode that can be taken to a nearby Paysafecash payment site to fully complete the transaction.
As Udo Müller, the CEO of Paysafe’s eCash department, explained, the partnership between the Croatian Aircash application (app) and the Paysafe platform gets to the very heart of the problems faced by very many migrant communities. This approach allows people to digitise their money and transfer it much more easily, which helps them support their families back at home.
“This is especially useful for those who live abroad and who want to send money to friends and family at home. By enabling them to top up their accounts with cash through a reliable solution such as Paysafecash with a wide network of payment points, we make this service more accessible to our customers,” said Hrvoje Cosic, President of the AirCash Management Board.
Although the Republic of Croatia is currently not among the countries covered by the cooperation, the international Paysafe survey from 2020 shows the state of awareness regarding cash. As many as 50 percent of respondents still believe that cash is the most reliable form of payment in a crisis, and 72 percent said they would be worried if they could not access cash.
For more, check out our dedicated business section.