The Post Office is making two of its products available to all UK banks and building societies to make it easier for people who are vulnerable or self-isolatin g to access cash more easily.
Those who are unable to pick up essentials during the coronavirus pandemic will be able to ask a friend or volunteer to withdraw cash using the Post Office's latest scheme - without sharing their card details.
Payout Now is a barcode voucher sent by text, email or post to a customer who can share it with a trusted person to withdraw cash.
Previously, only a named individual such as a carer could collect money in this way on someone's behalf.Working with the Treasury, the Financial Conduct Authority (FCA) and UK Finance, has also sped up a process
Read more on dailyrecord.co.uk
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