Cash

In the withdrawal scenario, cash payment is a payment method that allows the payee to directly withdraw cash through offline physical outlets (bank counters, agent points, etc.). It is especially suitable for people who have no bank accounts or no digital payment methods.

PayerMax currently only supports cash withdrawals in Egypt (Fawry) and through partner local institutions. We plan to connect to more local institutions in other regions in the future to support your offline cash withdrawal needs.

1. Payment Advantages

• The recipient does not need to prepare a bank account and usually only needs to provide identification to withdraw cash;

• Real-time withdrawal, real-time generation of offline withdrawal code, you can withdraw money immediately with your elements.

Cash withdrawals are one way to reach those underserved by traditional financial services, balancing convenience and inclusiveness. However, recipients should be reminded to pay attention to their personal safety and avoid withdrawing or carrying large amounts of cash at once, as this will prevent theft.