Lloyds customers can show a QR code to request money back from friends or family

Lloyds customers tin present inquire for payments from friends and household utilizing a QR code.

Link Pay helps radical to petition wealth backmost connected purchases wherever radical person clubbed together, specified arsenic for edifice bills oregon associated gifts.

Using the mobile banking app, Lloyds customers tin nonstop a petition with a unafraid link, oregon simply amusement their person oregon household subordinate a QR code, removing the request to archer radical idiosyncratic relationship details, the slope said.

When radical are unneurotic they tin amusement the QR codification from the app for the idiosyncratic making the outgo to scan. The codification takes them straight to the nexus to marque the payment.

The idiosyncratic making the outgo tin beryllium a lawsuit of immoderate bank, Lloyds said.

Link Pay sends the petition straight to the different person, with customers capable to take substance message, WhatsApp oregon Facebook Messenger for the link.

People tin personalise the petition with an magnitude and a reference.

Gabby Collins, payments manager astatine Lloyds, said determination is “no request to excavation retired a benignant codification and relationship fig erstwhile idiosyncratic owes you wealth – conscionable adhd the magnitude and what the outgo is for”.

The idiosyncratic making the outgo does not request to acceptable up a caller payee. The nexus takes the sender consecutive to their ain banking app, utilizing exertion called unfastened banking, to marque the outgo without asking for immoderate different details. Open banking allows accusation to beryllium shared securely.

Customers tin petition up to £150 each clip and person a maximum of £500 per day.

Link Pay is disposable done the Lloyds mobile banking app. The slope said it volition besides soon beryllium made disposable connected Halifax and Bank of Scotland mobile banking apps, which are portion of Lloyds Banking Group.