InComm, US challenger bank Current to support cash deposits at over 60,000 retail locations

Wednesday 2 September 2020 09:54 CET | News

InComm has teamed up with Current, a US-based challenger bank, to support bank members to make cash deposits to their bank accounts at large brick-and-mortar retail chains across the country.

The ability to make cash deposits was the most-requested product feature in a recent survey conducted with Current’s 1.4 million members, according to the official press release. This new feature will enable Current members to deposit cash to their accounts at retail chains across the country including 7-Eleven, Dollar General, and Family Dollar.

This cash deposit solution is powered by InComm’s VanillaDirectTM platform, which delivers a barcode via the Current mobile app that users scan at the register of participating VanillaDirect retailers to instantly deposit cash to their accounts. InComm is a payments technology company.

This feature is now available to all Current customers and will roll out to approximately 60,000 participating retail locations in the VanillaDirect TM network by the end of 2020.

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Keywords: InComm, VanillaDirectTM platform, barcode, mobile app, retailers, commerce, payments , partnership, challenger bank
Categories: Payments & Commerce
Countries: United States
This article is part of category

Payments & Commerce