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UK Payments Council names new mobile payment system, Paym

( March 10, 2014, 16:19 GMT | Official Statement) -- MLex Summary: A new UK mobile payment called Paym will be launched in due course, which will allow customers to make payments through existing mobile banking or payment software, the UK Payments Council said. Bank of Scotland, Barclays, Lloyds Bank and TSB Bank are some of the banks that have signed up to the program.The text of the statement follows....

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