Lloyds Bank, one of the largest banks in the United Kingdom, has recently introduced a new payment service that aims to make transactions easier for its customers. The new service, called Pay Your Contacts, allows customers to send money to anyone in their contact list using just their mobile phone number.<\/p>\n
The service is available to all Lloyds Bank customers who have registered for mobile banking. To use Pay Your Contacts, customers simply need to select the person they want to send money to from their contact list, enter the amount they want to send, and confirm the transaction. The recipient will receive a text message with instructions on how to collect the money.<\/p>\n
One of the key benefits of Pay Your Contacts is that it eliminates the need for customers to remember and enter long account numbers and sort codes when making payments. This can be particularly useful when sending money to friends or family members who may not have their bank details readily available.<\/p>\n
Another advantage of Pay Your Contacts is that it is a fast and convenient way to make payments. Transactions are processed instantly, which means that recipients can receive their money within minutes of the payment being made. This can be particularly useful in situations where a payment needs to be made urgently, such as when splitting a bill at a restaurant or paying for a taxi.<\/p>\n
In addition to Pay Your Contacts, Lloyds Bank also offers a range of other payment services that are designed to make transactions easier for its customers. These include mobile payments, which allow customers to make payments using their mobile phone, and online banking, which allows customers to manage their accounts and make payments from their computer or tablet.<\/p>\n
Overall, Lloyds Bank’s new payment service is a welcome addition for its customers. By making transactions easier and more convenient, Pay Your Contacts is likely to be popular with those who value speed and simplicity when it comes to making payments. As more and more people turn to mobile banking and digital payments, it is likely that we will see more banks introducing similar services in the future.<\/p>\n
Lloyds Bank, one of the largest banks in the United Kingdom, has recently introduced a new payment service that aims to make transactions easier for its customers. The new service, called Pay Your Contacts, allows customers to send money to anyone in their contact list using just their mobile phone number. The service is available […]<\/p>\n","protected":false},"author":2,"featured_media":2527035,"menu_order":0,"template":"Default","format":"standard","meta":[],"aiwire-tag":[677,2046,314,2048,1573,11,441,342,213,17,2150,18,648,20,21,790,281,1155,954,26214,1158,955,23,140,3139,6699,29,218,219,21463,1180,971,1399,7954,6922,6385,2915,590,38,1845,868,6831,3228,13029,2574,2935,4670,3462,50,3659,51,54,55,167,537,57,749,6545,1036,1234,13695,327,60,61,62,248,887,6787,1750,65,2821,818,67,178,328,613,395,295,1250,2235,1806,3111,4168,22128,19262,1348,69,298,3112,179,17163,544,1669,75,330,78,183,1256,4171,184,2102,1263,4945,1075,15298,1264,545,2964,5283,5,10,7,8,264,300,191,5533,1359,356,12519,12520,6491,3835,11490,496,3076,3856,3857,634,1114,909,6688,3866,554,3305,338,8112,103,3004,17243,1464,108,109,205,10195,110,207,111,112,114,1726,1960,6807,307,6075,430,1730,309,361,9,2136,435,1838,311,124,125,1141,1382,6],"aiwire":[1265],"_links":{"self":[{"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/platowire\/2540041"}],"collection":[{"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/platowire"}],"about":[{"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/types\/platowire"}],"author":[{"embeddable":true,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/users\/2"}],"version-history":[{"count":0,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/platowire\/2540041\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/media\/2527035"}],"wp:attachment":[{"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/media?parent=2540041"}],"wp:term":[{"taxonomy":"aiwire-tag","embeddable":true,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/aiwire-tag?post=2540041"},{"taxonomy":"aiwire","embeddable":true,"href":"https:\/\/platoai.gbaglobal.org\/wp-json\/wp\/v2\/aiwire?post=2540041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}