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After years of delay, 2021 looks like being the year when UK businesses and the public will finally get new & easier ways to deposit cash.
One innovation comes from Visa, the giant US Card Scheme. They are finally introducing universal deposit in the UK, enabling anyone with a Visa card to deposit cash at any participating ATM.
The second innovation is App-based deposit, with companies such as Swiss Fintech Sonect enabling the deposit of cash at any participating retailer in the UK. This service is truly local, meaning that in future no one will need to travel away from their own community to deposit cash.
Two solutions, with one objective:
KEEPING CASH CONVENIENT FOR EVERYONE!