VocaLink has announced the launch of a new company to build a service allowing Brits to link their bank accounts to their mobile phone numbers to make payments. The company, called Zapp, is set to launch in early 2014 and is currently looking to get banks and retailers on board the service. Banks that agree to take part in the service will integrate Zapp into their mobile apps and invite people to link their bank accounts to their phone numbers to enable them to use the service to make payments at participating retailers.
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