Barclays Launch Twitter Payments Using Pingit

Barclays Pingit Helen Child

It’s been three years since Barclays rolled out the Pingit app, their money sending service for smartphones, and during that time it has received 3.7 million downloads and more than £1 billion has been sent using the app. Now, Barclays are extending their Pingit services to Twitter, announcing that payments are available from person-to-person and to small businesses using just their Twitter handle cialis 20mg dosierung.

Swift Payments

This makes Barclays the first British bank to allow payments through Twitter and the service aims to give the UK’s 13.5 million Twitter users the ability to make swift, secure payments through the social network without having to provide either their bank details or a phone number.

The process for making payments to others is simple, for individuals and small businesses to start receiving Twitter payments through Pingit, they need to link their Twitter handle to their Pingit profile from within the app. Using this method, all Pingit users with android or iOS devices can take advantage of the service regardless of whether they are a Barclays customer or not.

Director of Pingit and Barclays Mobile Banking, Darren Foulds, said: “We are always on the lookout for new and exciting ways to make people’s lives easier and customer feedback plays a big part in how we chose to further develop our apps.”

Commenting on the convenience of making payments through Twitter, Foulds added that it “brings together a social and digital experience to create a new step forward for mobile payments in the UK.”

International P2P transfers are also possible with Barclays Pingit, making it the first person-to-person mobile banking app in Europe. P2P transfers with Pingit enables anyone with a bank account in Britain and a mobile phone number to send money as easily as they send a text message.

Secure Payments

There is still a degree of uncertainty surrounding the security of mobile and online banking. But Barclays have been quick to reassure their customers of the safety of mobile and online payments, stating that all Twitter transactions take place within the Pingit app and not Twitter, meaning the usual security feature available with Pingit will still apply. Furthermore, Pingit is more secure than most other forms of remote money transfer as they take place fully authenticated from both ends and use the FPS to achieve almost instantaneous funds transfer.

The new service will also be available to businesses, including the 57,000 companies in the UK currently signed up to Barclays’ Pingit service. Although major corporates such as Severn Trent Water and the City of York Council have been able to receive payments from consumers and small businesses for about 2.5 years using Pingit.

Thanks for Reading.

Helen Child is a highly accomplished senior leader in the financial services industry. With over twenty years proven experience in the prepaid card and payments processing market, Helen’s reputation as an expert in this field is apt. Helen was voted globally as one of the top ten women in the prepaid industry and is currently a leading consultant with Striding Edge Ltd who provide Prepaid Payment Solutions & Prepaid Card Marketing.