Lloyds Bank introduces Link Pay, enabling secure QR code-based bill splitting with no personal details shared.
Lloyds Bank has launched Link Pay, a feature that enables customers to request payments using a QR code via their mobile banking app. This allows users to split bills without sharing personal account details. Payments can be made securely through any bank app, with transaction limits of £150 per request and £500 daily. Link Pay will also be available on Halifax and Bank of Scotland apps in the near future, utilizing open banking technology for secure transactions.
October 25, 2024
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