Monese and PayPoint extend partnership

Monese has extended its partnership with PayPoint, allowing customers to top up their accounts in more than 28,000 retailers.

The deal means that the digital challenger bank's two million users can continue to make cash deposits of up to £500 directly into their accounts at a time and place of their choosing. All deposits processed via PayPoint are completed in real time.

Lewis Alcraft, chief commercial officer at Paypoint, said: “With 28,000 PayPoint outlets across the UK, Monese customers can continue to make instant cash deposits at a time and location that suits them.”

Atul Choudrie, chief commercial officer at Monese, added: “Our extended partnership with PayPoint highlights our continued commitment to ensure Monese customers have the right tools and services to top up their accounts instantly."

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