Barclays makes update to mobile payments application

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Barclays continues to show interest in mobile payments Barclays, a global financial services organization based in the United Kingdom, has announced the introduction of new features to its relatively popular Pingit mobile payments application. Pingit has been the firm’s flagship mobile payments platform since its launch in February 2012. The application initially served as a platform that allowed Barclays customers to send money to friends and family, as well as others. As mobile commerce gained more attention throughout 2012, the firm began revising the Pingit application in order to be…

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Mobile payments set to take off in UK retail

mobile commerce payments coming soon

Next year, a much larger number of retailers are expected to allow shoppers to buy using smartphones. An agreement has just been announced in the United Kingdom, which has revealed that consumers will be able to use their smartphones for mobile payments at a much larger number of retail stores across the company. This process makes it possible to complete a transaction in a matter of 12 seconds, on average. As of next year, shoppers will be able to use mobile payments to pay for their purchases at locations such…

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Barclays launches new services for Pingit app that include QR codes

QR codes in mobile commerce

Pingit app updated with new service and support for QR codes and charities Barclays, one of the largest financial institutions in the United Kingdom, has announced that its mobile payments application, Pingit, can now be used to support charities. The application has been updated with a new “donate with Gift Aid” feature that will allow consumers to contribute money through Gift Aid in a convenient fashion. Gift Aid is a tax incentive from the United Kingdom government that allows charities to receive additional financial aid for every donation they receive…

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Mobile payments saw significant U.K. growth last year

Mobile Payments

A new report that monitored the acceptance of smartphone transactions has just been released. A new report from the British market research firm called yStats has just been released which shows the wrap up for the mobile payments use statistics throughout last year and the growth that it experienced. Even though the sector still hasn’t expanded at the predicted rate, it still saw some considerable increases. The most recent report from yStats was called “Global Mobile Payment Methods 2012”. It looked into the growth of mobile payments not only in…

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Mobile payments POS pilot launched by Intuit

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New system in the United Kingdom could offer some direct competition to Square. Intuit Inc. has announced that it is launching a new point of sale mobile payments pilot program for small businesses in the United Kingdom. The company will now be offering its GoPayment point of sale product to small businesses in the U.K. The new solution that is being launched is being called Intuit Pay. Its new offering will provide small businesses in the country the ability to process mobile payments both offline and online. The version being…

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