Cogent

Leamington Spa

 

THE BRIEF

Paym is a mobile payment service supported by the UK’s 15 major banks and building societies. It’s free to register, free

to use, sits in your banking app, and allows users to make speedy payments via a recipient’s mobile number.

It’s a simple way of paying people back without time-consuming bank transfers or hunting down a cash point. 


It was launched in 2014, but by late 2016, 
growth of new registrations and volume of transactions through the service had

started to plateau. 
We were appointed to raise awareness of Paym and the service, increase new registrations, increase


volume of payments, and increase the level of engagement with the brand.

  


 

THE CHALLENGE

However, we faced a number of challenges. The service is promoted under different names by the different participating
 
banks. It's also hidden inside the participant banking apps, while the sign-up process and
 
customer experience of the actual service varies significantly between participant banks and building societies.

Plus, there was a degree of scepticism and some trust issues towards banking products in general.

This was, in part, due to "phishing" activity in recent years.

 


 

THE SOLUTION

We introduced the strapline 'You've got it, so use it' as the creative theme to hold together all brand led and tactical

campaign activity. For example, the ‘Pocket Dance’ campaign targets both existing and new users. It puts both the

location of the service (your mobile phone) and a common usage occasion (don’t get caught out doing the pocket dance

to find your wallet to pay back your mates!) at its heart.


‘Pocket Dance’ was rolled out across the following, highly targeted channels:


 

THE RESULTS


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You've got it, so use it.

A campaign to improve registration and usage for our fintech client, Paym.

Feel free to get in touch

We'd love to chat

Cogent

0121 627 5040 [email protected]