Barclays and Verifone agreement opens Pingit as mobile payment solution

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The Pingit app allows customers to pay for goods and services quickly without having to enter long bank card numbers

Barclays and Verifone have signed an agreement allowing business in the UK to offer Pingit as a mobile payment solution.

This new agreement will give any of Verifone’s 20,000 business clients in the UK the opportunity to integrate the Pingit app into their online retail channels. This is in addition to the 70,000 businesses already using Pingit. Verifone is a business who specialises in online payment transactions.

Pingit is Barclay’s mobile payment app and any company using the app within their business can take payments quickly and easily. Customers of the businesses, regardless of whether they already bank with Barclays or not, will be able to pay through a tablet or smartphone through the app without having to enter long bank account numbers.

Over £1.6 billion worth of transactions have been made through Pingit, which has over 2.7 million individual users. The app is available on Apple, Android, Windows and Blackberry devices.

Verifone Europe president June Felix said: ““This is an important partnership as we continue to broaden the range of services and value we bring to our merchant clients, simplifying all forms of payments, across all sales channels, for millions of consumers.”

Barclays Personal and Corporate Banking CEO Ashok Vaswani said: “We want to end the frustration caused by mobile checkout failure because it’s just too cumbersome to laboriously enter long card numbers, and Verifone is ideally positioned to help us achieve this goal. By using Pingit on mobile checkout pages we can give greater confidence to customers and retailers alike.”

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