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Barclays Pingit Research: 100 days of a new way to pay

Barclays Pingit 1 is changing the way people send money. To illustrate how the UK has taken to Barclays Pingit, we have produced an infographic.

  • Barclays Pingit users have sent almost £10 million 2 in the 100 days 3 since launch on 16 February 2012.
  • The service, the UK’s first for sending or receiving money person to person using mobile phone numbers, was also the most popular financial app in the UK Apple App Store in February 2012 4.

 

Barclays Pingit. 100 days of a new way to pay with mobile payments.

The infographic shows that people have been logging in on average 6 times a week to send or receive money and check their balance. There have been over 30,000 registrations by users aged 50 or over so far, and the highest number of registrations was recorded in Croydon, south London. The most common time to use Barclays Pingit is (perhaps unsurprisingly) on a Friday evening between 6 and 7pm, and iPhones are the most popular mobiles among users.

Sean Gilchrist, Managing Director of Digital Banking, said: 'Barclays Pingit is changing the way people think about money, and not just Barclays customers – anyone with a UK bank account. It’s quick, convenient and easy to use – so if your friend pays for a taxi, you can send them your half straightaway, without needing cash. No more chasing up those IOUs, just use Barclays Pingit and you're in the clear.'

Barclays Pingit – our award-winning mobile-payments service

Send money instantly to friends and family, or pay businesses with our smartphone app. Receive payments as well – paid straight into your account.

To get the app, you’ll need an iPhone, BlackBerry or Android device. Just let us know your number and we’ll text you a download link.

Download the app

Don't have a smartphone? You can still register to receive payments without the app . You just need a UK mobile phone that can receive texts.

Requirements

  • You must be 16 or over
  • You must have a UK current account
  • You must have a UK-registered mobile number

 

Use our infographic on your website

If you want to put our infographic on your own website, feel free. Here's the code to copy and paste into your page:

<p><img alt="100 days of Pingit" width="620" height="2620" src="http://www.barclays.co.uk/images/pingitinfo.gif" /></p>
<br/>
<p> Visit Barclays for more information about <a href="http://www.barclays.co.uk/Mobile/BarclaysPingit/P1242603570446" target="_blank">Barclays Pingit</a>, or to find out more about <a href="http://www.barclays.co.uk/MobileBankingServices/
MobileBankingServices/P1242569951654
" target="_blank">Mobile Banking Services</a>.</p>
 

Important information
1. Terms, conditions and other restrictions apply. You must be over 16 years of age and have a UK current account to use Barclays Pingit.
 
2. The actual figure stood at £9.65 million on 26 May 2012.
 
3. Data is collected from Barclays Information Warehouse and analysed internally.
 
 

Barclays Bank PLC. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 122702). Barclays Bank PLC subscribes to the Lending Code which is monitored and enforced by the Lending Standards Board. Further details can be found at www.lendingstandardsboard.org.uk. Barclays Insurance Services Company Limited is authorised and regulated by the Financial Conduct Authority (Financial Services Register number: 312078).

Barclays Bank PLC. Registered in England. Registered no. 1026167. Barclays Insurance Services Company Limited. Registered in England. Registered no. 973765. Registered office for both: 1 Churchill Place, London E14 5HP. ‘The Woolwich’ and ‘Woolwich’ are trademarks and trading names of Barclays Bank PLC. Barclays Business is a trading name of Barclays Bank PLC.


 

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