Glossary
Cash voucher
A cash voucher is a payment method for payers without cards or bank accounts, or who prefer cash: the checkout generates a slip or a code with the amount and a reference, the payer takes it to a bank branch, a convenience store, a pharmacy or a kiosk and pays in cash, and the network reports the payment to the merchant hours or a day later. Boleto in Brazil, OXXO in Mexico, Efecty in Colombia, Pago Fácil and Rapipago in Argentina, PagoEfectivo in Peru and Fawry in Egypt are the large ones.
How the flow differs
The payment is pending from the moment the voucher is created until the cash is paid and reported, often with an expiry of one to several days; a share of vouchers is never paid, and some are paid after expiry. The merchant ships only on confirmation. There is no chargeback and no card data; refunds need the payer’s bank account or a wallet, since there is no channel back to a cash counter.
Why it still matters
In Latin America and parts of Africa and Asia a large part of the population is unbanked or distrusts online card payments; vouchers bring them online, and they are the second or third method by volume in several markets. They also serve high-value payments where card limits are low.
On the platform
Tranzify’s hosted checkout generates the voucher through the provider and shows the slip or code, the status model keeps the payment pending until the provider confirms the cash and handles expiry and late payment, and refunds are made as transfers to the payer’s account where the provider supports them.
Updated: 2026-11-08