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 ...

LIVE FROM OPEN MOBILE SUMMIT, LONDON: Paym, a new mobile payments system launched in the UK in April, has reached half a million users, according to Nigel King, MPS programme director for the Payments ...

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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 ...