EggPay: UK P2P via email


“Under Egg’s system, users enter the recipient’s email address, select the debit card or Egg account that the payment will come from and choose one of two security questions — a shared password or the sender’s mobile phone number. The system sends an email with a unique Web address, where the recipient answers the security question and enters the bank account details to which the money should be paid. As with a cheque, the funds take three to four days to transfer.”

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