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Nooch Blog: Money Made Simple

Who Carries Cash Anymore?

Who Carries Cash Anymore?

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Here at Nooch we are doing everything we can to make sure that you never have to pay another stinking ATM fee again.  With some states now pushiing $5, $6 and even $7 fees at ATMs, there has never been a better time to look for alternatives.  Frankly, it is amazing that nobody has developed a simple, cheap and reliable alternative to ATM’s yet.

Enter Nooch.  Fewer and fewer people are carrying cash around these days.  Especially younger Americans who are so used to having technology in their hands at all times and in all locations.  The proliferation of smartphones has revolutionized the way Americans perceive social interactions.  And now Nooch is revolutionizing the way Americans think of cash.

Even though many of us don’t like to carry cash, there are plenty of situations where we need cash: paying back a friend for lunch or dinner, repaying a bet from the golf course or Madden tournament or even just tipping the bartender.  And if we don’t have the greenbacks on us at the time, the only real solution is to either locate and travel to an ATM – and suffer the penalty – or borrow a few bucks from a good friend if you happen to be with someone willing.  But let’s be honest… how fun is borrowing money or using an ATM?

Nooch lets you to take out your phone anytime, anywhere and send cash in just a few seconds.  You will not need to master some complex new set of texting commands like some of the other companies out there.  All you will need to know is the recipient’s name (if they are on Facebook) or their e-mail address (if they’re not on Facebook.)  Then, you enter the amount you want to send, your secure PIN and you’re done.  Sounds simple?  Because it is.

With Nooch, you’ll never be gouged with hidden fees because there are no sign up fees, maintenence fees, minimum balance fees or other obnoxious and insulting fees.  All you will pay is a flat fee per transaction, no matter how much you’re sending.  While PayPal forces you to eat $0.30 PLUS at least 2.9% (not to mention forcing you to deal with their, um, stellar customer service…), Nooch keeps it simple and keeps it cheap.  And, if you want to keep a few hundred bucks in Nooch all the time, we are thinking of eliminating the transaction fee altogether.  We want customers and we want happy customers.  So whatever it takes to make you and all your friends excited to use Nooch and avoid ATM fees, we’ll do it.

We are committed to bringing you the most hassel-free money transfer experience in the market.  Next time you forget your wallet at home or find you didn’t bring cash out with you, just think how Nooch would have make your life simpler and less stressful.

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