paying cash into a revolut account

[capital]

@Adr2710

But cash plus and pockit cards you can pay in post offices or top in so many shops

@capital

These costs will lead to :r: having to either pass on the costs to the customer (via direct and indirect fees.).

4% for Pockit, as opposed to 0%/0.5% for :R:.

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@capital

As more and more payments in the financial system is digitised, there really isn’t much point of a (new, non-legacy) bank operating ATMs or accepting cash top-ups.

More and more transactions are digital now. From salary payments (Bank transfer via BACS, as opposed to handing cash in an envelope.) to paying with contactless at retailers.

https://www.ukfinance.org.uk/changing-the-way-we-pay-contactless-celebrates-its-10th-year/

https://www.ukfinance.org.uk/cash-still-king-but-crown-is-slipping-as-consumers-turn-to-contactless/