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BTCC / BTCC Square / Global Cryptocurrency /
Ally Bank Partners with Walmart to Enable Cash Deposits for Online-Only Accounts

Ally Bank Partners with Walmart to Enable Cash Deposits for Online-Only Accounts

Author:
Global Cryptocurrency
Published:
2025-12-17 19:47:02
19
3
BTCCSquare news:

Ally Bank, the largest online-only bank in the U.S., has addressed a critical gap in digital banking by introducing a cash-deposit option through Walmart. This MOVE eliminates the need for customers to transfer physical cash through intermediary banks, streamlining the process for those who handle cash from tips, gifts, or side hustles.

The partnership allows Ally checking account holders to initiate deposits via the bank's app and complete transactions at any Walmart store without fees. While online banks traditionally avoid cash due to operational costs, this innovation bridges the digital-physical divide as cash usage persists in certain transactions.

|Square

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