Monzo Launches Industry-First Tool That Allows Customers to Undo Payments
May 14 2025
Monzo, the UK’s leading digital bank with more than 12 million customers, has today launched another industry-first in its Undo Payments tool, giving both personal and business customers extra confidence and peace of mind when sending money via bank transfer. This comes as new data from the bank reveals that almost one in three Brits (30%) have either sent money to the wrong person or sent the wrong amount in the last year.