Pingit is an innovative mobile payment service from Barclays. Through Pingit, money transfer is made to the account associated with the phone number rather than the app installed on that phone, meaning all phones rather than just smartphones with the app installed are eligible to receive payments.
The Pingit service works on the Faster Payment Scheme, making payments between users instantaneous. The service can be used between Barclays and non-Barclays customers, free of charge.
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