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.
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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.
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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.
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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.
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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.
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