well coinspot is an australian exchange - allows deposits in AUD to purchase a very large selection of altcoins.
until recently, they allowed the use of a service called PoliPay - that was in partnership with 8-10 of the largest banks in australia - and you could just literally log into it using your internet banking credentials, and pick an account, and the deposit would go straight over instantly. a few australian exchanges used PoliPay.
in the last week of december PoliPay got withdrawn from all crypto exchanges, so we've been left using BPay (which is a bill payment platform and takes 2-3 days to process payments), or bank account deposits.
Now coinspot takes direct cash deposits where they give you a QR code, and you go to participating newsagency, they take the cash, scan the barcode, and the money lands in the account immediately.
just another chapter in the banks fighting against crypto.. i wrote a couple of blogs about it..