I saw this once on the features that might be coming, is this ever going to happen? I keep a Nationwide account open just to receive PAYM payments, I then transfer the money to Monzo or vice versa.
I know there are other ways to be paid by sending links etc. But people then have to get their cards out to pay, PAYM is simpler.
It’s an industry standard which solves a problem. Banks should auto sign customers up when accounts are opened, with an option to opt out, and sell it as a ‘feature’.
Barclays pushed it quite heavily via Ping and as a result I and most of my mates who bank with Barclays use it exclusively to pay each other. While we have also encouraged other friends with other banks to use PayM - most of whom were not aware it was even an option until then. So poor marketing definitely an issue.
Without a doubt absence of PayM remains a reason I couldn’t go #fullmonzo.
Surprised paym is still a thing… paypal is what everyone I know uses.
Having to give someone your mobile phone number to use it is a fatal flaw IMO. I don’t give that information out to randoms. If it supported email I might consider it.
Indeed it is; it adds a monzo.me like feature and the ability to send money to either a phone number (Paym) or a Twitter handle too (via Pingit.)
Within the next few months bPay devices will be merged into the app too. I think it would be nice just to merge everything into the main Barclays app to be fair.
Pingit type implementation of PayM is half the problem… is Pingit PayM or is it just Barclays? Go on website and its not easy to work out… by this time you have given up and just done a bank transfer by manually entering in details. In my opinion PayM has not been a success because of the way it is marketing, and because some banks like Monzo don’t support it
PayM I think is a great solution, if people just understood it and didnt think it was another alternative to PayPal… it is just making it super easy to do a bank transfer, and in fact safer as it confirms who you are paying!
Hi Monzo community just joined the community but I have been with Monzo since March and to say I love it would be an understatement and do most of my banking though Monzo the only thing for me that stops a full switch to Monzo is the lack of support for Paym so would like to request that Monzo support Paym and that would get me to fully switch