[UK Warriors] Barclays Pingit Service

2 replies
Barclays arranged to come into one of the businesses which I work with to show them their pingit service. Essentially to break it down for you, it is a service which allows payment over a smartphone app (No card needed) providing both have a pingit account. It can be hooked up to any bank in the UK so it doesn't only work with Barclays customers. The most important thing about this service was, it doesn't take a percentage of the transaction and the business owner will receive the full amount. Not only that, if you get a QR scanner, you can scan the bar code on another phone, click pay and you would pay the amount set. They also allow for restrictions to be put on an account so staff can not run off with your money and can only accept payments. The only limitation which was told to us was it is capped at £300 for now but that may change in the future.

Mobile Payments | Barclays Pingit UK Mobile Payment - Barclays

I just thought I would share this because it was a pretty cool service and may help people who have offline clients. The business owner is very happy because she can now take instant payments in her pubs without losing any money.
#barclays #pingit #service #warriors
  • Profile picture of the author Richard Tunnah
    Hi Lee,
    I got offered a demonstration of this by my account manager last week. Seen the info they sent out. I agree it's interesting development. Unfortunately until they up the cap it won't work for my consultation business. Hopefully they do and more importantly clients have confidence in it!
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    • Profile picture of the author butters
      Originally Posted by Richard Tunnah View Post

      Hi Lee,
      I got offered a demonstration of this by my account manager last week. Seen the info they sent out. I agree it's interesting development. Unfortunately until they up the cap it won't work for my consultation business. Hopefully they do and more importantly clients have confidence in it!
      I hope they up the limits to but for my client she is loving it because people's tabs only come to like £100. I think because it is a major bank doing this people will have some confidence in it.
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