CBI comments on new banking payments technology

16 Jan 2014 10:47 AM

The CBI commented on an announcement that HSBC, First Direct, Nationwide, Santander and Metro Bank will roll out Zapp mobile payments to customers across the
UK.

Dr Neil Bentley, CBI Deputy Director-General, said:

“It’s good to see major banks and building societies developing and adopting new mobile payments technology. This will make it easier and safer for consumers to buy things and manage their money, and should also help speed up payments for businesses, especially small and medium-sized firms”