Paym sees £44M transferred in first year

Celebrating its first anniversary, UK payments provider Paym – set up by the Payments Council to handle P2P money transfers – has processed nearly £44 million since its launch in April 2014. Paym is available through 16 banks and building societies …

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UK P2P money service Paym close to 2M registrations

Paym, the UK service that enables money transfers using just a mobile number, has reached over 1.8 million registered users, with over £26 million being sent via the app since it launched in April 2014. The company got its first …

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Paym to be rolled out to HSBC’s business customers

HSBC is introducing Paym to its customers who use its business internet banking, which will allow them to receive payments using just a mobile phone number. Until now Paym, which launched in the UK in April this year and registered …

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