Paym for business

 
 
If you are a small business or sole trader, Paym makes it easy to get paid straight into your bank account using just your mobile number.

Get Paym

Five participating UK banks offer Paym for business customers. Select your bank to visit the relevant page on their website to find out more.
Terms and conditions apply. Contact your bank or building society for more information.

Download the Paym Mark

The Paym Mark is a logo that instantly tells your customers that you accept Paym payments. The Paym Mark is available to download once terms and conditions have been accepted.

How does Paym work for your customers?

Your customers can make payments through their online/ mobile banking or payments app, by selecting your mobile number from their contacts or entering it manually.
The customer is presented with your business account name before confirming the payment; all they need to do is press send and the money will be on its way, with the payment appearing on your statement in the normal way.

Your customers can trust the Paym service

  • Paym has been developed by the people who run the services that move mobile and internet banking payments between the UK’s banks.
  • Paym uses the same systems that already send and receive your money.
  • Paym has been built by all the participating banks and building societies together, to the highest possible security standards.
  • Payments are made at the same speed as existing mobile or online payments – in most cases, almost immediately.

Paym for business FAQs

We’ve answered some of the common Paym for business questions here. If you can’t find the answer you’re looking for your bank or building society will be able to help.

Need to know more? Take a look at our FAQs Paym for business FAQs