I’ve registered for Paym – how will my information be used?

The Mobile Payments Service Company Limited will hold your full name, mobile number, sort code and account number, and they may share it with third parties who help manage the service. This information will be kept confidential. Plus, other financial institutions can access your details when they need to process a Paym payment.

Other Paym users will be able to check if you’re registered for the service, but only if they already know your mobile number and are trying to send you a payment. Their bank will only show them your full name.