Even with the well-documented decline of cash in the UK economy, it is still hugely important for many small businesses.
Pretty much the only thing you can actually get done in a high street bank branch these days (especially with their opening hours) is deposit cash.
However, as branches are being closed at a rate of about 60 branches per month, and cash machines are disappearing at a rate of 300 per month, many small businesses face business-crippling problems — especially those in more rural areas.
When we were getting ready to launch Countingup, we knew that for some small businesses we simply had to provide a method of depositing cash earnings safely and securely.
Knowing that this was very important, we partnered with both the Post Office and Paypoint. This gives our customers the choice of over 40,000 locations across the UK at which you can deposit cash into your Countingup account.
All that you need to do is to go to the counter at your local Post Office or convenience store and bring your Countingup card and cash.
Post Office: A flat £1 charge per transaction
Post Office: Will clear on the next business day
Paypoint: Clears instantly
Paypoint: £500 per day
If you have any questions on cash deposits or anything else, you can always email firstname.lastname@example.org