RBS phone app lets you ‘text cash’

Millions of people will be able to send payments to family and friends as easily as texting due to a new service from Royal Bank of Scotland and Natwest (RBS).
By The Newsroom
Published 14th Mar 2013, 10:11 BST

From today, customers using the RBS/NatWest mobile phone app will be able to send a payment of up to £100 to anyone with a Visa card, by entering their mobile phone number.

The announcement comes just days after the banking group apologised to customers for its second computer hitch in a year.

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As well as currently having more than two million active users, the RBS/NatWest mobile banking app has 13 million logins per week.

The UK payments body, the Payments Council, is currently developing a similar initiative.

Related topics:Royal Bank of Scotland