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Paypoint (cash deposit) into bank account
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Stuart_W
Posts: 1,796 Forumite
Is anyone aware of any facility that allows the use of Paypoint to pay cash into a UK bank account.
In the way billhop allows any bill to be paid by credit card, is there an equivalent for cash via paypoint? Like billhop there would have to be a %fee to cover the costs. I know a handful of prepaid cards and the likes of monzo allow paypoint deposits, but generally only by the card holder. Is there a way to generate a barcode that can be shared that would deposit into any specified UK bank account?
I imagine not but wondered if any of you clever lot knew something I didn't.
In the way billhop allows any bill to be paid by credit card, is there an equivalent for cash via paypoint? Like billhop there would have to be a %fee to cover the costs. I know a handful of prepaid cards and the likes of monzo allow paypoint deposits, but generally only by the card holder. Is there a way to generate a barcode that can be shared that would deposit into any specified UK bank account?
I imagine not but wondered if any of you clever lot knew something I didn't.
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Not as far as I'm aware. Such a thing would be an absolute magnet for scammers, similar to how Western Union's in-branch money transfers are, and the AML implications would be insane.urs sinserly,
~~joosy jeezus~~0
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