A new mobile payments service launches in the UK this Spring to send and receive money without knowing bank details. Richard Trenholm was CNET's film and TV editor, covering the big screen, small ...

A NEW system that allows bank customers to send and receive payments using only a mobile phone number has launched today. Paym – pronounced “Pay Em” – is run by the Payments Council, an industry body ...

The number of payments made through mobile transaction service Paym is doubling every six months, according to research. Paym has found that between July and December 2015, payments made through the ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Launched under the Payments Council umbrella last Spring, Paym ...

HSBC has launched Paym capabilities to its business customers this week, enabling them to receive payments using mobile phone numbers. The capability was introduced to the more than 600,000 firms ...

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 ...

This article is brought to you by our exclusive subscriber partnership with our sister title USA Today, and has been written by our American colleagues. It does not necessarily reflect the view of The ...

Paym, a new mobile payments service that lets users send and receive funds using just their mobile phone number, has gone live in the UK. Developed by The Payments Council, the system is supported by ...

Paym, a service offered by 17 leading banks and building societies in the UK that enables users to make money transfers via their phones, added 624,000 users in the second half of 2015 to reach a ...