Spain's popular payment method
Teleingreso offers a convenient and secure way for Spanish residents to buy goods and services online. When a consumer selects Teleingreso as an online payment method on a merchant’s website, the system automatically generates a unique 9-digit transaction code.
The transaction is then pending until the consumer visits any of the locations to make a payment and the information is then instantly provided to the merchant, who then sends out a confirmation email of receipt of funds.
Teleingreso provides an anonymous solution that is a popular payment method for the un-banked and for those who wish to pay with cash, and because this is a “push” style of payment, there is low risk of returns.
Credit cards are not needed and by offering Teleingreso as an additional payment method, merchants can increase their sales without any risk as payments made by Teleingreso cannot be cancelled or reversed. All Teleingreso transactions are in Euros and are automatically converted into the merchant’s preferred currency.
Domestic customer support via phone and email is also included as part of the service.
How Teleingreso Works
Upon purchase, the consumer receives a 9-digit confirmation and has to visit an ATM, post office or retail location to make payment by cash. The system then instantly provides a payment confirmation to the merchant.