Pingit is a mobile payment solution that is powered by Barclays. It was launched by the prestigious bank in 2012, and is available for download free of charge. It can be used to send as well as to receive funds on your mobile number, and in some cases, it can also be used to make bill payments. Since it was launched, it has been downloaded more than 3 million times, and is helping users to send money to each other.
Over the past five years, in excess of $600 million has been sent using Pingit. Most people are using this payment service for nights out or paying certain costs like petrol. This is an innovative service that is highly convenient for users, offering them security, fast transactions and a simple interface that makes payments painless. As an application, it is compatible with Windows, Android, Blackberry and iOS devices.
This is an app that is powered on a mobile phone, and for this reason, all payments are done on mobile devices. To get started, one needs to sign up and verify their bank details. This takes a total of five minutes to do. While many finance apps are only available to users over 18, this payment solution app can be accessed by users who are over the age of 16. To use this app, one will need to have a UK bank account, preferably with Barclays, and their phone number will also need to be a UK one. To use this payment service, you will find that you can benefit through the Faster Payment Scheme interface. This is a scheme that is highly regulated to ensure that all requests are well validated, and transfers are efficient and effective. The benefit of this scheme is that payments made are executed immediately.
This is a service that will offer you protection for your bank account number and similar details. However, with your merchant or online casino of choice, you will need to provide the same details that you would during registration. These include your name and address, as well as your mobile number and email address.
Using Pingit at Online Casinos
At the moment, there are no online casinos that are using Pingit. To use this payment solution, you need to start from the Barclays or Pingit website where you will download the app onto your mobile device. Once downloaded, you will go through the registration process that takes approximately ten minutes. You will be prompted to set a 5-digit passcode, and then enter your name, account number, sort code and mobile phone number when you see the instructions. Once done, your account will be verified through an online verification process, or you may choose to do so at a Barclays ATM as well.
It is possible to make deposits into your account, by following the instructions that are available on the casino. To make a deposit onto a mobile casino, you should begin by searching for the casino in your Business Directory. Then, decide on the amount that you want to deposit so that payment can be completed. The payment will then be confirmed. The money that you deposit will be automatically deducted from your bank account. It is not possible for one to withdraw using Pingit.
Personal information is a primary concern for people using payment options online, especially in online casinos. The Pingit option is bound to increase in popularity as there is no need to share any personal banking information with on online casino. Instead, your personal bank account is connected to the Pingit application, which is protected with a 5-digit passcode. Furthermore, it benefits from the banking procedures from Barclays bank, which has been in the market for more than 300 years.
+ Supported by Barclays Bank, a leading online bank.
+ Easy to manage and make payments using your mobile device.
+ Payments can be added to your monthly phone bill or taken out of your phone credit.
+ Once registered, you do not need to repeatedly enter your personal bank account details.
– Very few casinos accept Pingit as a payment option