Revolut introduces cash deposit feature at 12,000 UK retail locations, in response to FCA's new rules on cash access.

Revolut has launched a cash deposit feature, allowing UK customers to deposit cash at 12,000 retail locations. In partnership with Paysafe, the service has a 1.5% fee for cash deposits over £100 and starts with a charge-free deposit up to £100. The move follows the FCA's new rules to protect cash access and usage amid rising cash demands during the cost of living crisis.