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Alternative Payment Solution: Pingit Market Focusing on Top Key Players Pingit, Barclays, Swish, MobilePay

04-18-2018 06:21 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orbis Research

Alternative Payment Solution: Pingit

Alternative Payment Solution: Pingit

Pingit is the UK’s first instant mobile payments app, launched by Barclays in 2012. Initially launched as a peer-to-peer (P2P) payment service between individuals, it extended its service for merchants, allowing them to accept payments for online and offline purchases. The service was initially offered only to Barclays account holders, before being extended to all UK residents with a UK-registered mobile number and UK bank account. The app can be downloaded from Apple App Store, Google Play Store, or Microsoft Store.

The solution enables users to make real-time P2P transfers from their mobile phones using the recipient’s mobile. To transfer funds both sender and recipient need to register with Pingit and link their mobile number to their bank account. For Barclays customers the app is directly linked to their Barclays current account. For non-Barclays customers a Pingit account is created within the app, which users can top up with their linked bank account or debit card. It also allows users to send funds to individuals who are not registered for Pingit; the recipient will receive an SMS asking them to register with Pingit within seven days. Once registered the money will be credited to their account.

Ask for PDF Sample with Full TOC@ http://orbisresearch.com/contacts/request-sample/1001130

Leading Key Players Mentioned:

Pingit
Barclays
Swish
MobilePay
Commonwealth Bank of Australia

Scope:

- Pingit is the UK’s first instant mobile payments app, launched by Barclays in 2012.
- The service was initially offered only to Barclays account holders, before being extended to all UK residents with a UK-registered mobile number and UK bank account.
- In 2013 it expanded its payment service, allowing users to make online payments at merchants’ mobile websites or apps with the Pingit app.
- In September 2016, partnered with CBA, allowing Pingit and CBA’s CommBank app users to make cross-border transfers.

Reasons to buy:

- Gain insights into Pingit's business operations, and key events.
- Gain insights into its product portfolio and revenue model.
- Assess the competitive dynamics in the alternative payments industry by comparing its performance against competitors.

Inquiry before Buying@ http://orbisresearch.com/contacts/enquiry-before-buying/1001130

The report provides information and insights into alternative payment solution Pingit, including -
- Detailed insight into its business and geographical presence
- Comprehensive coverage of its products and services
- Comparative assessment with key alternative payment solutions
- Information on its performance, including its revenue model
- The company's important events and milestones

Note: If you have any special requirements, please let us know and we will offer you the report as you want.

About Us:

Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Contact Info:

Hector Costello
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas - 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +912064101019
Email id: sales@orbisresearch.com

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