A system which allows mobile phone users to send and receive money from their handsets without the need to swap account details has won the backing of most high street banks. Customers can now ...

Pay.UK, the payments operator and, standards organisation for the retail interbank payment systems in the UK recently announced that the Paym mobile payments service will close permanently on 7 March ...

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From the 29th of April 2014 consumers will be able to use their mobile phones to make bank payments via the new Paym service. Gocompare.com’s banking spokesperson, Matt Sanders, comments: “Any secure ...