Pingit: Alternative Payment Market by Comparing its Performance Against Competitors
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.
Request a sample of this report @ http://orbisresearch.com/contacts/request-sample/1001130
Commonwealth Bank of Australia
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.
The solution also allows consumer-to-business (C2B) transfers, enabling customers to transfer money to offline merchants using their mobile number, Twitter handle, or Short Code (a code specific and unique to a merchant). Users can also pay merchants by scanning QR codes available at partner merchant stores with the Pingit app. In 2013 it expanded its payment service, allowing users to make online payments at merchants’ mobile websites or apps with the Pingit app.
Browse the complete report @ http://orbisresearch.com/reports/index/alternative-payment-solution-pingit
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
- 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.
Buy a report @ http://orbisresearch.com/contact/purchase/1001130
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.
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas - 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +912064101019
Email ID: email@example.com
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Pingit: Alternative Payment Market by Comparing its Performance Against Competitors here
News-ID: 854685 • Views: 347
More Releases from Orbis Research
Blood Purification Devices Market 2023-2028 | Top Players Baxter International, …
Based on the type segment, the portable equipment segment is expected to hold the largest share in Blood Purification Devices in the year 2028. Professionals that are actively involved in the ongoing purification of blood tend to favour portable equipment. Equipment that is portable enables effective emergency care. Additionally, portable equipment is rather space-efficient and compact, which promotes widespread use throughout the blood-purification process. In a manner similar to how
Clean Beauty Market to Grow at 40.1% CAGR by 2028 - Key Players are Bare Mineral …
Clean beauty is described as beauty and personal care products that are made with the safest possible ingredients and have the lowest possible environmental impacts. Clean beauty pertains to products that are safe, non-toxic, and clearly labelled ingredients Also, the ingredients used are cruelty-free and are screened for non-GMO feedstock and residual pesticides. Request a pdf brochure @ https://www.orbisresearch.com/contacts/request-sample/6941781 The Clean Beauty Market is valued at USD 5163.17 Million in 2021 and
Outdoor Power Equipment Market Worth USD 6.49 Bn by 2027 - Industry Trends and S …
The outdoor power equipment generally includes, brush cutters, edger, chain saws, power rakes, and more. Outdoor power equipment is commonly used by end users, such as lawn & plant care providers and landscape service providers, for commercial purposes. The global outdoor power equipment market in 2021 was valued at US$32.22 billion. The market value is projected to reach US$46.49 billion by 2027. Outdoor power equipment (OPE) is an equipment with small
Merchant API Market to reach US$119.11 billion by 2027 - Industry Trends, Growth …
The latest research on "Global Merchant API Market: Analysis By Molecular Type, By Segment, By Type, By Type of Synthesis, By End-User, By Region Size And Trends With Impact Of COVID-19 And Forecast up to 2027" have been added to OrbisResearch.com store. The merchant API market refers to the use of APIs by merchants, or businesses that sell goods and services, to connect their systems and processes with those of other
More Releases for Pingit
Blik Alternative Payment Solution Market (Polski Standard Patnoci, Alior Bank,Mi …
Blik is a Polish mobile payment solution launched by Polski Standard P?atno?ci (PSP) in February 2015. PSP was formed in 2013 through strategic co-operation between six major Polish banks: Alior Bank, Millennium Bank, Bank Zachodni WBK (now Santander), ING Bank, mBank, and PKO Bank. Get PDF Sample Copy of This Report at@ https://www.orbisresearch.com/contacts/request-sample/386253 Blik is offered by Polish banks as an additional service within their mobile banking apps. It enables users to
Alternative Payment Solution: Pingit Market Focusing on Top Key Players 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
Alternative Payment Solution Market: Gain Insights into Revolut's Business Opera …
Orbis Research Present’s “Alternative Payment Solution: Revolut” magnify the decision making potentiality and helps to create an effective counter strategies to gain competitive advantage. Revolut is an app-based payment solution allowing users to make domestic and international fund transfers to both Revolut and non-Revolut users. In addition, it allows users to make online and in-store payments, as well as cash withdrawals at ATMs using Visa- and Mastercard-branded Revolut prepaid cards. Request a