Barclays unveils cash-free payment app

Barclays has launched a mobile app that could see the bank poach thousands of customers from rivals by giving them the ability to pay without cash.

The app, called Pingit, is aimed at boosting Barclays’ brand by linking the lender to a convenient service. It lets users link their mobile number to their bank account – with Barclays or a rival – and then send cash to any other registered user using a five-digit PIN code.

via Barclays unveils cash-free payment app in bid to poach bank customers | City A.M..

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Kevin Harrington
I’m a UK-based B2B marketing consultant, specialising in strategic advice for SME business owners. I bring extensive hands-on expertise to every client engagement. Senior leadership roles across technology, media, payments, and publishing have shaped my practical approach. Highlights include serving as Chief Marketing Officer at The Panoply plc (now TPXimpact), Chief Commercial Officer at Tungsten Network, and Global Marketing Director at BBC Worldwide. Over the years, I’ve guided numerous SMEs through transformation and value creation. Helping businesses evolve and thrive is a genuine passion. Practical marketing insights and succession planning strategies are at the heart of what I do, as I believe growing a business’s asset value should be a rewarding and positive journey for every entrepreneur.

Comments

3 responses to “Barclays unveils cash-free payment app”

  1. Jim Bowes

    Looks to be proving popular in the app store too – have you tried it?

  2. I’ve not used it myself. I was talking to a guy at an event yesterday and he was over impressed by the some of the UI work.

  3. Barclays say they have had 120,000 downloads of Pingit in the five days since it launched. See for http://ht.ly/9mGNi for more on this.

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