Cashsense was originally conceived and formed in 2005 as the payment processing division for a multi-national IT development and marketing company based in Manila, Philippines.
Following the successful launch of its Overseas Filipino Workers (OFWs) remittance business, Cashsense continues to develop and launch additional business lines based on technological efficiencies and the straight-through processing of payments; payments made, primarily, by cash.
With the online mall, the shoppers have to only browse through the website and select the goods they want to buy and checkout. Under the cash-based system, the shopper will purchase a product online wherein a reference number will be given upon completion. The shopper has to pay the amount plus a flat rate of P25 processing fee within 24 hours at any 711 outlet or MLhuiller center.
Cashsense has developed systems and integrated thousands of pawnshops and convenience stores together with online merchants in order to make online commerce easy.
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