HomeFinTechLloyds Customers Deposit Over £1 Million at PayPoint Stores in First Month

Lloyds Customers Deposit Over £1 Million at PayPoint Stores in First Month

Date:

Related stories

Visa Pilot Trials Stablecoin Payouts to Enhance Payment Solutions

Exploring stablecoin integration in modern financial transactions. Highlights: Visa initiates...

Smart Data Group Unveils Future Blueprint for Open Banking

A roadmap for navigating the evolving open banking landscape. Highlights:...

BNP Paribas Leverages AI for Accelerated ESG Assessments

Harnessing technology to enhance sustainability evaluations in finance. Highlights: BNP...

Revolut Introduces Fee-Free Fiat to Stablecoin Conversions

Revolut aims to simplify currency exchanges with new stablecoin...

IOSCO Warns of Risks Associated with Tokenization in Financial Markets

A critical look at tokenization risks highlighted by IOSCO...

Exploring the Rapid Adoption of Convenient Banking Solutions

Highlights:

  • Lloyds customers embraced new PayPoint deposit service, reaching over £1 million in the first month.
  • The initiative reflects the growing trend towards convenient banking solutions amidst digital transformation.
  • PayPoint stores offer customers a seamless way to manage their finances with more physical access points.

In just one month, Lloyds Banking has seen a remarkable uptake of its new deposit service at PayPoint stores, amassing over £1 million in deposits. This trend highlights a significant shift towards more convenient banking options that cater to customers’ needs for physical access points. The integration of traditional banking with innovative fintech solutions showcases the evolving landscape of financial services.

Rinsu Ann Easo
Diligent Technical Lead with 9 years of experience in software development. Successfully lead project management teams to build technological products. Exposed to software development life cycle including requirement analysis, program design, development and unit testing and application maintenance. Has worked on Java, PHP, PL/SQL, Oracle forms and Reports, Oracle, Bootstrap, structs, jQuery, Ajax, java script, CSS, Microsoft Excel, Microsoft Word, C++, and Microsoft Office.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories