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Reduce Churn & Chargebacks. PreCash has proven to a number of service
providers and merchants alike, that if customers are given more and easier options to pay their
bills, they eagerly take advantage of the opportunity, and churn levels decrease dramatically. As
retention rates increase, the chargebacks associated with churn decrease. It all adds to your
bottom line.
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Increase Revenue. Adding Bill Pay is adding a new revenue stream. You collect a
convenience fee on each Bill Pay transaction that you process. The more of your customers you sign
up to use Bill Pay at your store, the more revenue you generate.
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Increase Store Traffic. All active Bill Pay merchants are listed in our online
directory and each new Bill Pay customer receives a listing of the PreCash locations closest to
their home. Customers who may have heard of Bill Pay through their service provider can be directed
to you as a participating merchant.
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Inspire Customer Loyalty. Your cash-paying customers will appreciate the extra
convenience of being able to pay their bills at your store.
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Drive Incremental Sales. PreCash provides comprehensive promotional materials for
your POP that can help attract new customers. Further, because customers return to your store to
make future payments, you have increased visits-per-customer that can result in increased sales of
other goods and services.
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