Everything you need to know: About Yolt Pay
When it comes to staying on top of your finances, saving time is no easy task. After all, time spent on all those little bits and bobs quickly adds up. That was the basis behind one of our core features Account Aggregation: One clear view of your accounts, together in one place. No logging in and out of all your banking apps just to know where you stand. We’re proud to say that you can now sync and see over 77 current accounts, savings accounts and credit cards, along with your pensions and investments, all in Yolt. Our mission to end money app juggling took the next big step with the launch of Yolt Pay, now in Beta. Currently, nine high street banks support payments via Open Banking in Yolt: Nationwide, Santander, Barclays, Lloyds, Bank of Scotland, Halifax, RBS, Natwest, Ulster Bank!
Ok, so how do I use it?
In order to get going with Pay, you'll need to connect at least one bank. All set up? Great! Navigate to the Pay tab and begin your first transfer. Wondering about the possibilities of pay, well, currently you can:
1. Move money between accounts
Let’s say you’ve just logged into Yolt, checked your accounts, and noticed you need to top one of them up to pay a bill. Or maybe you’ve smashed your Left to Spend target and want to move your leftover cash into savings. With Yolt Pay, you can move money from any supported current account to any other current account and savings account.
2. Settle up with friends and family
As we always say, Yolt wants you to go out and enjoy life – and that probably means spending lots of time with the people who matter most. If you want to settle up last night’s restaurant bill, pay someone back for your holiday hotel, or send some funds to family members, you can use Yolt Pay to settle up! You can move money from any supported current account to any other current account and savings account!
3. View your Payee address book
This feature makes it easier than ever to send money to your contacts across all of your connected bank accounts - all from Yolt! Any contact that you've previously saved in your connected banking apps will now appear, pre-populated, within the Yolt app, saving you the hassle of adding account numbers and sort codes.
4. Share your account details
Like flip phones and dial up internet, remembering your sort code and account number, are a thing of the past! We've made it easier for people to pay you back, simply share your account details in just a few taps.
Have more questions about Yolt Pay? We’ve got a whole set of Pay FAQs – check them out here . If you have a spare minute after completing a payment, shoot us a quick email to let us know the good, the bad and the ugly – don’t worry, we really want to know everything you have to say!