January 30, 2024
Bluevine, a digital banking platform, partnered with Allpoint to offer ATM cash deposit access to its customers at 1,500 Allpoint+ ATMs and 91,500 total ATMs and retail locations. Customers can also access more than 37,000 MoneyPass ATMs for surcharge free cash withdrawals, according to a press release.
With this partnership, Bluevine aims to protect cash deposit access for small businesses. They can use a mobile app to find in-network ATM locations, which are available at select CVS, Walgreen, Walmart, 7-Eleven, Kroger and other retailers.
"This new Allpoint partnership and overall expansion of our cash deposit and withdrawal network reaffirms our commitment to bringing better convenience and improved service to our customers, nationwide — saving them both time and money," Eyal Lifshitz, co-founder and CEO of Bluevine, said in the release. "While the preference for digital payments continues to rise in all aspects of our lives, cash management remains essential for many small businesses. So while the ATM networks of big banks continue their steady decline, Bluevine found it necessary to fill the gap by expanding our branchless banking capabilities through trusted partners like Allpoint, Green Dot and MoneyPass. Essentially, this further advances our goal to allow Bluevine customers to bank wherever, whenever and however they do business."