The new Pingit mobile app from Barclays has been designed to make it easier for consumers to exchange money by sending funds directly to a mobile device into another account. According to Barclays, the Pingit app is the first banking app of a person-to-person nature that is available in Europe. It allows anyone with a U.K. banking account and a mobile telephone number to send money with just as much ease as sending a text message. According to the Barclay PLC accounts director, Dan Wass, “This is about recognizing how…
Read MoreBarclays launches Pingit app to bring P2P payments to the UK
