Vivid Partners with viafintech for Cash Deposits

Vivid has implemented a highly requested feature, cash deposits, through a partnership with Berlin-based viafintech.

Customers can deposit cash into their Vivid accounts at over 12,500 locations across Germany, including supermarkets and gas stations.

Fees for cash deposits are set at 2.5 percent, but Vivid Prime users get free deposits up to 200 euros per month, then 1.5 percent after.

The deposit process involves generating a barcode in the Vivid app, which is then scanned at checkout enabling cash payments for account top-ups.

Vivid's mission is to provide fee-free comprehensive financial services through its app, backed by over 200 million euros in investment.