Lloyds customers can now request money from friends and family, quickly and easily, using the new Link Pay feature in the mobile banking app.

Link Pay is a fast and safe way to request money back for shared purchases - like restaurant bills or joint presents. Using the mobile banking app, Lloyds customers can send a request straight to friends or family, with a secure unique link, or simply show a QR code, removing the need to tell people personal account details. Link Pay sends the request straight to the other person, with customers able to choose WhatsApp, SMS, or Facebook Messenger to send and receive the link.

The feature allows customers to personalise the request with an amount and a reference - such as ‘dinner last week’ or ‘present for Dad’ - making it familiar to the person receiving the request. It’s also easier for the person making the payment, as it removes the need to set up a new payee. The link pre-populates all the information needed, taking the sender straight to their own banking app, using open banking, to make the payment without asking for any other details.

Customers can request up to £150 each time and receive a maximum of £500 per day. 

Simple using the mobile app

Gabby Collins, Payments Director at Lloyds, said: “We want our customers to have simple, secure ways to move money at their fingertips and our new Link Pay feature in our app helps them do just that. No need to dig out a sort code and account number when someone owes you money – just add the amount and what the payment is for, and we’ll handle the rest. It’s never been simpler to get your sibling to repay you for Dad’s birthday gift.”