first direct launches Paym for its customers

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.

There have been over one million registrations and over £6.5m sent since the service launched in April this year.

Sean Barton, Head of Digital at first direct commented: “Nearly one in three payments is now being made through our Banking on the go App, and with over 30% growth in mobile payments since the beginning of 2014, I’m sure this will be a welcome addition for our customers.”