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Maroc Maroc - WN.COM - Business - 09/Mar 00:19

Banks to launch Zippay instant payments this week

Ireland’s three domestic banks are launching an instant mobile payments service on their apps this week. The Zippay service will be rolled out on a phased basis from Tuesday with potential to reach more than five million eligible customer accounts of the three retail banks, according to the Banking and Payments Federation Ireland (BPFI), which is co-ordinating the project. Customers will be able to send, request and split payments instantaneously with Zippay by using the mobile numbers of contacts who are also using the service. It is aimed at taking on competition such as Revolut, by far the market leader in instant payments in the State with...

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