News Articles

UK mobile payment service Paym to close in March 2023

UK mobile payment service Paym will close on 7th March 2023. The service, which allowed users to make and receive payments using their mobile phone numbers, was launched in 2014.
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Faulty phones, network closures, court cases, payment apps... and much more mobile industry news

Podcast - 30th April 2014

We have something for everyone in this week's podcast. There's bad news as Samba Mobile closes, bad news as Apple and Samsung suffer product faults... and bad news as wearable devices are criticised for the poor user experience they offer.

Yet there's plenty of good news as well, including the launch of a new UK mobile payment service.

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UK mobile payment service Paym launches today

UK mobile payment service Paym launches today

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.

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Industry-wide UK mobile payments service prepares for launch

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.

Author: The Fonecast
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