Moneyonthego.net Flourishes as Digital Shopping Grows More Flexible
Wal-Mart has recently created a cash option for Internet shoppers, allowing low-income families that do not have access to bank services the option of shopping online. Moneyonthego.net, an online shopping community, has a similar service.
ST. PETERSBURG, FL, May 14, 2012
ABC News has announced that Wal-Mart is launching a new program to allow Internet shoppers to make cash purchases. The first of its kind, this program will open the "under-banked" market, which is made up of low-income families that do not use bank services or credit cards. Moneyonthego.net, an online shopping community, has been offering a solution to the under-banked market all along. The company is finding that purchases not hinging on credit or debit cards provide a flexibility that the online shopping industry has been lacking.According to ABC News, Wal-Mart shoppers most often pay with cash. The article cites many customers as relying upon pay-day lenders, pawn shops, and other non-banking services for their money management. By allowing customers to take an order form to a physical store and make a cash payment for an item bought online, the organization is allowing cash buyers access to the convenience of Internet shopping.
But the customers still have to go to the store to pay, which takes part of the convenience of online shopping out of the mix. Moneyonthego.net, on the other hand, offers a 100 percent virtual shopping opportunity that allows customers to rely on payment methods other than credit and debit cards.
"We offer an online shopping credit so our customers can buy today and pay tomorrow," commented Moneyonthego.net representative Greg Biewlaski. Additionally, the organization can match its members with cash advance services, which offers access to over 200 Internet-based lenders. This closes the gap between the credit members have and the credit they need. "It's not that customers choose to use cash," explained Biewlaski. "We believe they need to use cash because they have no credit alternatives left. That pretty much ends their online shopping experience. Websites do not accept cash. Period."
Moneyonthego.net offers yet another alternative that provides the ease of a credit card without the need for credit. "As an alternative, these [under-banked] customers can use Prepaid card services offered by MasterCard and Visa and available on the shelves at Wal-Mart and many other retailers. As a member of our Moneyonthego.net program, consumers receive a Prepaid Mongo MasterCard that provides dollar for dollar reward points for every dollar loaded onto the Prepaid card. Rewards points can be used at our online Rewards Mall towards paying off the shopping credit balance or towards new purchases."
Moneyonthego.net is extremely sensitive to the fact that some online shoppers need alternatives to credit and debit cards. The company is striving to meet this need without compromising the convenience that real online shopping provides.
ABOUT:
A member-based online shopping community, Moneyonthego.net offers a diverse catalogue of products to its online shoppers. Housed in the organization's Rewards Mall, these products are only available to Moneyonthego.net members. In addition to the items in the Rewards Mall, these members have access to a 2,500 dollar shopping credit, which can be used on these products. Furthermore, members receive a Prepaid MasterCard that allows them to accumulate reward points corresponding to the amount of money they load on the card. Reward points can be spent in the online Rewards Mall.
Moneyonthego.net can be found online at www.moneyonthego.net.