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UK mobile payment service Paym launches today

ExclusiveUK mobile payment service Paym launches today

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Mobile payment service Paym has launched today in the UK.

The new service lets customers transfer money to other people via their mobile phone number, with no need to know bank account or sort code numbers.

ExclusiveIndustry-wide UK mobile payments service prepares for launch

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A new industry-wide mobile payment service says its final testing is on track and it’ll announce a launch date next month.

Once the Paym service is launched, consumers will be able to transfer money to someone else’s bank account by using their mobile phone number instead of a sort code and account number.

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