Commonwealth Bank of Australia is installing Amazon lockers at select branches in Sydney - Business Insider

Business Insider Intelligence

Access to Amazon lockers at CBA bank branches will likely be a useful perk for consumers and could help the bank derive greater benefits from operating branches. BOPIS services are in the US, for example, because they allow consumers to avoid shipping costs, get items faster in many cases, and see items in person before taking them home.

Some of those reasons, particularly fast and convenient delivery, are likely to make Amazon locker access at CBA branches a popular perk in Australia as well. And for CBA, this means that it can get more customer value out of its existing physical branch network.

Turning branches into Amazon pickup points could help Australia's "Big Four" press their advantage over the country's neobanks.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Highly alarming' email blast citing Amazon and Synchrony Bank sparks concerns about fraud - Business InsiderOne email said a trial deposit had been made to an Amazon credit-builder account. Another email said action was required on an application. Ceo Margaret keane states she is in tune with technology clearly she is not. fireher trustisnumberone youfailedus SYFMKeane Contact ceo Margaret keane at the following twitter SYFMKeane
Source: BusinessInsider - 🏆 729. / 51 Read more »