If using real cash is a pain and pulling out your plastic cards is a drag then what about texting cash instead? That’s right; a new service coming to the UK means that you will be able to text money. You won’t be able to do it until the spring of 2014, though. The details have been released by the Payments Council and the new process will mean allowing your bank to...
Tag Archives: banking
If we asked what virtual bank account site you use the chances are that most of you would say PayPal. The company has over 230 million accounts, of which almost 90 million are classed as active and for the time being their name is synonymous with online payments. The total amount of PayPal transactions in 2008 was $60 billion and in 2009 $71 billion. Yet while it remains...