- Barclays partners with Amazon, using branches as delivery points
- Scheme trialling in London at the moment
- Could be rolled out across 1,500 branches
Amazon has partnered with Barclays to use the bank’s branches as delivery collection points as it expands its click-and-collect network.
Etail giant Amazon has been trialling the scheme, which uses delivery lockers across Barclays branches in London. If successful, it could be rolled out across all 1,500 of the bank’s branches.
The scheme could provide a new use and source of revenue for the Barclays branches. Owing to the rise of internet banking, branch banking has been shrinking. Half of all high street bank branches have closed over the past 20 years.
Amazon already has myriad click-and-collect locations around the UK. Customers can pick up parcels from Post Offices, independent newsagents and train stations among other sites.
In another retailer tie-up, Barclays has partnered with Asda, offering the bank’s services in eight supermarkets.
It was widely reported last week that banks are to close many high street branches this year – HSBC is planning to shutter 200 locations, while Barclays and RBS could close 100 each.