FinAi News

No products in the cart.

Subscribe
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
Log In
No Result
View All Result
  • Banking
  • Lending
  • Payments
  • Risk & Security
  • Strategy
FinAi News
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
BAN PLUS
Log In
No Result
View All Result
FinAi News
No Result
View All Result

Amazon Launches Cash ‘Top Up’ Service for U.K.’s Underbanked

Grace NotobyGrace Noto
August 25, 2017
in Payments
Reading Time: 1 min read
0
Share on Facebook

For the approximately 1.5 million underbanked consumers in the United Kingdom, cash is still king, a fact e-commerce giant Amazon is keeping in mind with the launch of its “Top Up” service.

The service, which works like Amazon Cash, is live today in the U.K. It enables individuals to put up to £250 into their Amazon UK accounts in one transaction, loading the account for online purchases. Users first obtain a barcode, before heading to a “PayPoint” location to load the cash.

This service will allow the millions of cash-dependent underbanked in the country access to the wider world of e-commerce.

These customers can use their funds to shop like any other customer to purchase products, groceries, TV shows, or any of the other items available on Amazon, a source familiar with the matter said.

Essentially, the “top up” service allows users to purchase an Amazon Gift Card, then load it into their account balance.

There are currently about 20,000 of these points, located in convenience stores and the likes, throughout the U.K.

Read  more at TechCrunch, Amazon Top Up, and The Verge.

Tags: AmazonExclusiveFinancial Servicesmobile bankingUK fintechUnderbanked
Previous Post

Square Opens Manhattan Storefront to Lure Sellers

Next Post

Accenture Acquires Consultant Firm VERAX to Enhance Bank Offerings in Canada

Related Posts

(CourtesyBenjamin Girette/Bloomberg
Payments

Global head of Spring by Citi: Agentic commerce readiness markers

August 14, 2026
RBC building in Toronto
Payments

Francisco to buy payments firm Moneris from RBC, BMO for $1.4B

August 11, 2026
Interior of a Cloudflare office building with signage
Payments

Nonhuman traffic surpasses human traffic on Cloudflare network

August 7, 2026
Next Post

Accenture Acquires Consultant Firm VERAX to Enhance Bank Offerings in Canada

Please login to join discussion

EMERGING FINTECH DIRECTORY

Emerging Fintech Directory

FinAi Podcast

SPONSORED

Build an Antifragile Strategy to Outperform the Market

July 14, 2026

How AI and Product Experts Turn Fuzzy Requirements Into Focused Dev-ready Roadmaps

April 19, 2026

Is Your Technology Supplier There for You?

April 1, 2026

  • About Us
  • Help Center
  • Contact Us
  • Privacy Terms
  • ADA Compliance
  • Advertise

Connect

twitter linkedin podcast podcast podcast podcast
© 2026 Royal Media
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Unlock This Article

Create your free FinAi News account to access this article and stay informed on how AI is transforming financial services including banking, lending, payments, and risk.

Yes, I'd like to receive FinAi News updates, breaking news, and exclusive AI insights for financial services leaders.

Continue Reading with FinAi News Premium - Less than $2/Day

Upgrade to FinAi News Premium for unlimited access to news, insights, trends, and intelligence on how AI is transforming financial services including banking, lending, payments, and risk.
Upgrade to FinAi News Premium Subscription
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account