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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QR codes to mix with mobile payments in the UK

Smartphone scanning QR codes

Barclays to bring QR codes into the mobile payments scene British banking and financial services giant Barclays has been showing aggressive interest in the realm of mobile payments. The organization has taken note of the changing needs of consumers, which are becoming more pronounced as more people become heavily reliant on smartphones and tablets. In recent years, Barclays has partnered with several other organizations to break into the mobile payments sector. Now, the firm has plans to introduce QR codes into its mobile payments plans. Codes begin moving beyond marketing…

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In 2021, mobile purchases will break the $30.5 billion mark

Mobile Commerce

According to estimates by Barclays Corporate, by the year 2021, British consumers will be spending 19.3 billion pounds ($30.5 billion) through the use of their mobile phones as advancements with technology are made at an increasing rate and a growing number of people obtain smartphones. The current figure is an annual 1.3 billion pounds, which has been driven by new technologies such as faster transmission of mobile data and near field communication (NFC). Barclays Corporate, a Barclays Plc unit based in London, released a report saying that the largest category…

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