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Lloyds Reports £3m Deposited Via App Barcodes as PayPoint Card Pay‑Ins Launch

The service lets customers pay cash into accounts at local PayPoint shops using time‑limited barcodes with set daily and monthly limits.

Overview

  • Lloyds says customers have paid in over £3 million since the barcode cash deposit feature launched in August.
  • A new debit‑card pay‑in option is now available at participating PayPoint stores, with coverage reported at more than 3,000 locations.
  • Deposits made at PayPoint typically reach accounts within minutes, providing a quick, secure alternative to branch transactions.
  • The barcode generated in the Lloyds app is valid for two hours, with caps of up to £300 per day and £600 per month on cash deposits.
  • Customers can still deposit cash at Lloyds, Halifax and Bank of Scotland branches or use Post Office services across the UK, alongside access to PayPoint’s 30,000‑plus sites.