Barclays ‘Pingit’ made available to all - Banking - News - Moneyfacts

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Barclays ‘Pingit’ made available to all

Barclays ‘Pingit’ made available to all

Category: Banking

Updated: 14/12/2012
First Published: 13/04/2012

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Barclays Pingit, the UK's first person-to-person service for sending and receiving money using mobile phone numbers, is now available to the customers of all UK banks and building societies.

The service was launched in February, is free to use and allows users to send and receive money simply using a mobile number, without the need to share bank details.

The service is also proving popular with small businesses and eBay users, with many starting to accept payments by Barclays Pingit as an alternative to cash, cards, cheques and online transfers.

Barclays Pingit has been downloaded over 400,000 times in its first eight weeks and it was the number one financial app in the UK Apple App Store in February.

The Barclays Pingit app is free to download from the Apple App Store, BlackBerry App World and Android Market.

Users without a smartphone can register online to receive money if they have a UK mobile phone number and current account, regardless of their model of mobile phone.

"Barclays Pingit is proving to be more popular than even we were expecting and from today the customers of all UK banks and building societies can also benefit," Antony Jenkins, chief executive, Retail and Business Banking, Barclays, said.

"The ability to make simple payments to whoever they want, wherever they are, instantly and securely, is making many people's lives much easier.

"Barclays Pingit is potentially a revolution in banking but this is just the beginning. We are listening to customer feedback and monitoring the demand for additional functionality so there's a lot more to come over the next few months."

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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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