Paym Launches Officially in the UK, Customers Cite Risk and Security Concerns

A couple of weeks back, we had written about Paym – a new service is all set to enable users of Britain’s nine biggest banks to send money to each other via their mobile phones. On 29th April 2014, the Paym service was officially launched for use by 30 Mn people in the UK.

Registrations began on 2nd April 2014, for the 30 Million users of Barclays, Bank of Scotland, Cumberland Building Society, Halifax, HSBC,

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