You can now pay your friends and family using just their mobile number.

It means that you’ll never have to ask anyone for their current account number or sort code, making It easy to pay someone back even while you’re on the go!



  • Paym (pronounced “pay em”) is the UK’s mobile payments service. It is the first service with the potential to link up every current account in the country with a mobile phone number, and offers  a simple, secure way to send and receive payments straight to a current account using just a mobile number – either by selecting it from the mobile phone contacts book or typing it in directly. Anyone using Paym to send money is able to confirm the name of the recipient before sending the payment too, so they can be sure they’re sending it to the right place. 
  • More than 3 million people have registered their mobile number to receive payments via Paym and the service is available on more than nine out of 10 current accounts, with over £100m sent since the service launched in April 2014.


What would I use this for?

  • You can use Paym to pay any friends, family, or small businesses that have registered, straight to their bank account, using just their mobile number. 
  • The service is popular for splitting restaurant bills, paying back IOUs and amongst sole traders that aren’t able to accept card payments. It means that you never have to ask anyone for their current account number or sort code.


How do I use it?

  • Paym is designed to be accessed through your bank or building society’s existing mobile banking or payments app, so it couldn’t be easier, and it’s just as quick and secure. 
  • To send a payment, use your provider’s existing mobile banking or payments app to select a friend’s number from your contacts or enter a mobile number manually. You can send payments to anyone who has registered for Paym, even if their account is with a different bank or building society.
  • Every time you send a payment, Paym lets you verify the name of the recipient before you confirm the payment, so you can check you’re sending money to the right person. 
  • Payments made through Paym are processed using the Faster Payments service so you get the same protection from fraud and speed of payment you are used to for other current account, online, and mobile payment services.
  • If you want to receive payments via Paym, you need to register your mobile number with your bank, building society or payment provider and nominate the account you want to link it to. Your friends can then pay directly into your account using just your mobile number – no sort codes or account numbers.



  • Mobile payments made through Paym are very secure. 
  • You will be required to enter a passcode before making a payment and banks will be able to remotely disable an account, in case a phone is lost or stolen. Even if you are unlucky enough to have something go wrong, you are well protected from fraud when banking or making payments using your mobile.


How much does it cost?

  • At the present time participating banks and building societies are not charging personal customers for the use of the Paym service, however any usual banking, internet and mobile data charges will continue to apply. Charges may apply if you are using Paym with a business account, so it is important to check the terms and conditions from your bank or building society and to contact them directly if you would like to know more.