“Paying back IOUs to friends and family just got easier, following the launch today of Paym, the new secure way to pay using just a mobile number across nine banks and building societies.
Paym is now available to more than 30 million people across the UK – customers of Bank of Scotland, Barclays, Cumberland Building Society, Danske Bank, Halifax, HSBC, Lloyds Bank, Santander and TSB are able to send and receive Paym payments. The service will expand further later in the year, becoming available on more than nine out ten current accounts, covering in excess of 40 million customers.’
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