Checking your bank balance is a national nocturnal pastime with more than a third of people logging on throughout the night – eclipsing other consumer activities such as online shopping and downloading music.
Customers of Clydesdale Bank, Isle of Man Bank, NatWest, Royal Bank of Scotland, Ulster Bank and Yorkshire Bank can now register for Paym, adding to the number of leading UK banks and building societies offering the secure way to pay using just a mobile number.
Millions of British adults who have never tried internet banking would be interested in doing so, according to new independent research published by the Payments Council.
From 14th October, first direct customers will be able to use Paym to make secure payments of up to £350 per day to friends, family and anyone else using the Paym service with just a mobile phone number from the first direct Banking on the go App.
Santander UK has launched an innovative new mobile banking service which is set to transform the way its customers can keep track of their everyday finances and spending.
A third (34%) of young people expect to be out of pocket by an average of £64 each over the summer due to lending money to friends who don’t pay them back.
Barclays reveals the launch of a new function allowing mobile payments to India through its Pingit mobile payments service in the UK, opening it up to the largest remittance market between the UK and another country.
More than one million people have registered with their bank or building society for Paym, the new secure way to pay using just a mobile number, since the service launched in April this year.
New features on Nationwide Building Society’s top rated mobile banking app are enabling customers to manage their money and save the pounds.
Lloyds Bank has introduced a new range of features for the bank’s secure and easy to use Mobile Banking app on handheld devices.
first direct has launched a Windows 8 phone version of its ‘Banking on the Go’ mobile app.
A quarter of online banking customers in the UK admit to sharing their login details with another person, with one in five (19.2%) giving this information to their partner, new research has found.
Nearly one in six homeowners applied for their current mortgage online (16%) and this is set to double, with 33% saying they are likely to apply for their next mortgage online, according to latest research from HSBC.
Commenting on the launch of the new mobile payment system, Paym, Ernest Doku, telecoms expert at uSwitch.com, says:
From the 29th of April 2014 consumers will be able to use their mobile phones to make bank payments via the new Paym service.
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