FinTech firm Advanced Payment Solutions has agreed a deal that will see its customers given the ability to access banking services at over 11,500 Post Office branches.
The connection to the Post Office’s branches is an industry first and will help support the near 1 million APS’ business and consumer current account holders.
Rich Wagner, CEO and founder of APS, said:
“By allowing our customers access through the Post Office network, it will enable us to provide a solution to the diverse needs of our customers – extending our simple, transparent online services to in-branch facilities.
“Embracing new players into an infrastructure designed for banks marks a significant step towards levelling the playing field between alternative financial service providers and traditional banks.”
APS provides access to banking services via its digital current account service – Cashplus.