Millions hit by 'revolutionary' Paym service wait

Adrian Holliday
Nationwide Building Society reports drop in profits
Nationwide Building Society reports drop in profits

It launches today and if you're with the right bank, it will revolutionise the way you pay for things, from daily newspapers to train tickets. Paym means you can pay for goods and services using your mobile 'phone. HSBC, RBS and Santander, amongst other big names, have signed up to the service.

But it's not such good news if you're a Nationwide customer. %VIRTUAL-SkimlinksPromo%