Amazon Cash

Use cash to shop on Amazon

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Amazon: "We ran out of ways to get peoples money. We need to find people who can't give us money yet."
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Doesn't apply for most people here on PH but I know grandma and grandpa would like this.
@kay0stheory I disagree, it 100% applies to me, ironically because I almost never use's why... Like many people I know, I use a bank that is 100% online (Ally now, Charles Schwab prior). It's been a great experience with 1 caveat, I can't deposit cash easily. The times I actually HAVE cash to deposit isn't that frequent, but when it happens, it's a big annoyance. Take for instance, the once every 1-2 months Craigslist transaction. Selling an old phone for a few hundred bucks, etc.. Currently, my wife and I basically stash that cash near the front door and have to constantly remind ourselves to use the cash first to get rid of it. Gets really annoying, because ironically the more you use cash, the more you end up physically having because of the constant bill splitting. Now with this, I can essentially make a "deposit" to get rid of any cash into Amazon, which we have a regular spendature on a weekly basis. To me, this is freaking awesome.
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@wuss @kay0stheory Thanks for the great use case Noah!
@wuss Do most of us on PH use an online only bank that doesn't give you easy access to ATMs?
@kay0stheory don't think I ever said "most". I was merely presenting a real world, and common , use case. Also both Schwab and Ally don't allow deposits at 3rd party atms, and neither of those banks have their own ATM's. AFAIK, no online-only bank has their own 1st-party network of ATM's which means you can't make cash deposits. You always have to wire or physically send in a money order. Both of which are huge hassles.
Noah, next time give cash to a friend that then venmo you! Easier and quicker! ;-)
Announced on TechCrunch Amazon Cash will be available at brick-and-mortar retailers across the U.S., including CVS Pharmacy, Speedway, Sheetz, Kum & Go, D&W Fresh Market, Family Fare Supermarkets, and VG’s Grocery. Other stores will be added in the future.
BRB, buying more Amazon stock.
This is very interesting. Possibly the infrastructure is built so it can be rolled out to India soon and while regulatory loopholes are being jumped through, they decided to launch a version in the US.