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Paym platform for sending and receiving money by mobile number goes live

01
May
2014

Paym, a new mobile payment platform that lets you send money to a mate for your share of Fridays curry with only their phone number to hand, is now live in the UK. To use Paym, youll first need to associate your mobile number with your UK bank account either online or through your banks mobile app. Once thats done, you can send or receive money (up to £250) from anyone thats also signed up to Paym using nothing but mobile numbers.

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