Mark Bridge pays with a flick of the wrist
Mark Bridge writes:
Contactless payments. They're catching on, aren't they?
But mobile contactless payments haven't proved so popular.
Payments Council confirms its mobile payments service will be called Paym
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.
The UK government says it’s launching a consultation in 2014 that could result in consumers taking photos of their cheques instead of taking the physical cheque to a bank.
As a result, the money could be in a customer’s account within two days rather than six.
Barclays has added two new options to its Pingit mobile app, which was launched in February last year.
From today the app can be used for mobile-based online purchases and for buying from a print or on-screen advertisement.
Podcast - 20th February 2013
We start this week's podcast with financial results from EE - along with new phones from LG and HTC.
There's also a merger between mobile browser companies, mobile security from Vodafone, free WiFi from Barclays bank, a preview of Ubuntu for smartphones... and much more.