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Businesses acting as a bank branch

2022-06-23T18:13:56.196Z


Tobacconists are increasingly diversifying into payments and financial services Will tobacconists be the new bank branches in the future? These outlets are increasingly branching out into payments and financial services. The trend is even accelerating. After Nickel, the subsidiary of BNP Paribas which allows you to open an account with a tobacconist, it is the turn of Shine, the online bank for professionals and the self-employed, to authorize its customers to deposit cash in


Will tobacconists be the new bank branches in the future?

These outlets are increasingly branching out into payments and financial services.

The trend is even accelerating.

After Nickel, the subsidiary of BNP Paribas which allows you to open an account with a tobacconist, it is the turn of Shine, the online bank for professionals and the self-employed, to authorize its customers to deposit cash in these businesses.

The start-up, a subsidiary of Societe Generale, has teamed up for this with the fund carrier Brink's.

MAE, the leader in school insurance, also offers the Brink's Payment Services solution, allowing its policyholders to pay their contributions in cash at tobacconists.

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Financial services, bill payment, groceries… The big change for tobacconists

To encourage the use of cash, the carrier has also launched a service allowing consumers to pay in cash for purchases made on the internet.

The carrier Loomis has installed 21 ATMs in tobacconists.

The experimentation...

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Source: lefigaro

All business articles on 2022-06-23

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