soCash

SoCash aims to solve the problem of limited access to ATMs and the inconvenience of carrying cash by providing a network of merchants where users can withdraw cash. This not only benefits users who need cash but also benefits merchants by bringing more customers to their stores.The process is simple for users. They can use their bank’s mobile app to transfer an amount to the merchant’s bank account. The user then visits the merchant’s store and collects the cash equivalent of the transferred amount. This eliminates the need for users to find an ATM and carry cash, making it more convenient and secure.For merchants, SoCash provides an additional revenue source. They receive a fee from SoCash for every transaction made by users who withdraw cash from their stores. This incentivizes merchants to participate in the network and provides them with extra traffic in their stores.Overall, SoCash aims to create a digital cash circulation platform that connects banks, retailers, and individuals, providing users with more alternative cash sources and benefiting merchants with additional revenue and customer traffic.