Transferring money to friends and family has got considerably easier since the days when writing cheques was the only option, but until now it still required knowledge of people’s bank details. A new ...

Paym, a new mobile payment platform that lets you send money to a mate for your share of Friday's curry with only their phone number to hand, is now live in the UK. To use Paym, you'll first need to ...

A NEW system that allows bank customers to send and receive payments using only a mobile phone number has launched today. Paym – pronounced “Pay Em” – is run by the Payments Council, an industry body ...

Look out PayPal – UK banks are getting serious about mobile payments and have launched Paym, a new mobile payments service that lets users send money instantly using just their mobile number. The most ...

More than one million people have registered with their bank or building society for Paym, the UK bank-backed mobile number payment service that was launched in late April. Customers of Bank of ...

Non-smartphone users can register to receive payments, however a smart phone app is required to send money Credit: Photo: Alamy A new payment service, Paym, has launched today, enabling bank customers ...

Paym is a new mobile payments system that has just launched in the UK, designed to make payments to friends and family a lot easier. The system uses just your mobile number for payments, so you don’t ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Launched under the Payments Council umbrella last Spring, Paym ...

The Payments Council, the organisation that sets strategy for UK payment mechanisms, has confirmed the name of a new secure way to pay using just a mobile phone number. The new method will be called ...

Customers of nine banks and building societies will use Paym from launch Customers at nine bank and building societies will soon be able to pay people using a mobile phone number. A new service called ...