Barclays brings P2P payments to Britain with Pingit app
February 17, 2012Barclay’s new Pingit mobile app is intended to simplify how individuals exchange money by enabling users to send and receive currency directly from their smartphone.
Barclay’s new Pingit mobile app is intended to simplify how individuals exchange money by enabling users to send and receive currency directly from their smartphone.
Mobile banking and payment service provider ClairMail partnered with CashEdge to offer person-to-person mobile payments to financial institutions.
Firethorn now supports mobile banking for more than 3,000 U.S. financial institutions in their carrier-preloaded mobile wallet, which has the potential to be extremely valuable for both mobile payments and mobile marketing.
A study by market research firm Data Innovation Inc. found that nearly 70 percent of respondents had used at least one mobile banking and/or payments service in the past three months.
PNC Financial Services and First Hawaiian Bank have rolled out person-to-person mobile payments commercially.
Mobile payments software provider CPNI Inc. and prepaid debit processor eCommLink have partnered to offer CPNI’s mobile services to the prepaid debit card industry.