Digital-only bank platform N26 announced on Tuesday it has launched its CASH26 app feature in Greece. According to N26, CASH26 allows users to deposit and withdraw cash from their N26 accounts at partner stores throughout Europe through their mobile devices.
“The app will display a barcode for you to show to the cashier, who will then scan your code, allowing you to deposit or withdraw the desired amount. Your account balance will be updated right away.”
N26 further revealed that withdrawals are free, with a limit of €200 per transaction and up to €900 within a 24-hour period. If a customer deposits cash, a minimum deposit amount of €50 and a 1.5% transaction fee will apply. N26 then explained:
“CASH26 is expanding across Europe—now, in addition to over 100 partner stores in Greece, you can choose from more than 2,000 stores in Austria, over 11,000 stores in Germany, and more than 500 stores in Italy. So what are you waiting for? Try CASH26 now and discover how easy it is to manage your cash with N26.”
As previously reported, N26 claims it is building the first mobile bank that the world loves to use. More than 5 million customers in 25 markets have generated over €2 billion in monthly transaction volume through its platform. N26 currently operates in: Austria, Belgium, Denmark, Estonia, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, Switzerland, and the U.S.