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Lloyds Launches App Barcode Cash Deposits at 30,000+ PayPoint Stores Today

The barcode system uses PayPoint’s 30,000-plus retail sites to take cash that reaches accounts within minutes.

Overview

  • The feature is available to customers of Lloyds, Halifax and Bank of Scotland, who generate a two-hour barcode in the apps’ Everyday section.
  • Deposits made at PayPoint are limited to £300 per day and £600 per month for notes and coins.
  • Lloyds says it is the first major UK bank to enable app-generated cash deposits at PayPoint locations.
  • Customers can find participating outlets in the Lloyds app or on PayPoint’s website across a network exceeding 30,000 stores.
  • Cash deposits remain possible at Lloyds, Halifax and Bank of Scotland branches and at more than 11,500 Post Offices.