Barclays collaborates with Verifone to broaden Pingit acceptance in UK
Barclays has partnered with payments technology firm Verifone to extend the acceptance of its mobile payment app Pingit in the UK.
The deal will see Barclays Pingit app integrated as an accepted payment method for 20,000 retailers using Verifone’s m-commerce gateway.
The app, which is already used by 70,000 businesses, allows customers to pay for goods and services quickly without having to enter long bank card numbers.
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. Mobile brings so many advantages to consumers and through this partnership with Verifone we can make the mobile checkout completely frictionless.”
Over £1.6bn has been transferred using Pingit to date, which currently has more than 2.7 million registered individual users.
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.”