BlackBerry has teamed up with Barclays Bank to enable P2P money transfers via Pingit, Barclays’ mobile payment service, over BBM.
Pingit allows businesses and individuals to complete money transfers seamlessly from sender to receiver.
Once a user has added their BBM ID as a linked ID within Pingit, they can initiate a money transfer directly from within a BBM conversation as easily as sending a photo or sticker to a BBM contact.
To receive a transfer, the receiver will see a money transfer notification during their BBM conversation, will be prompted to enter their secure password to authorise the transaction and will receive a BBM notification from the sender to confirm when the payment has been processed in the receiver’s Pingit account.
Darren Foulds, Managing Director for Pingit at Barclays said,
‘Customers want to be able to make payments quickly, easily and safely, and by creating the option for funds to be transferred from within BBM conversations, we’re allowing Pingit to make the payments process simpler for even more people,’ÂÂ
Matthew Talbot, SVP, BBM at BlackBerry said,
“BBM has become a secure platform for consumers and brands to exchange messages, photos, files and stickers with eachother,â€Â
“Exchange money was a logical extension, whether it’s paying back someone during a BBM chat or buying something from a BBM Ad – and another great example of how BBM successfully brings chat, social and commerce together.”
Pingit links your mobile number with your bank account and makes it easy to pay money straight into another account. No account numbers or sort codes – just Pingit from one mobile to another. If you’re aged 16 and over all you need is a UK bank account, a UK-registered mobile phone, and to download the Pingit app.
Choose someone to pay from your address book or enter a mobile number, add how much and tap send. There’s is nothing more to it.
You can get paid back as easy as you can pay someone. Just send out a payment request and wait for your friends to stump up the cash. They can sign up to pay you.
You can use Pingit to send money overseas to Botswana, Ghana, India and Zambia 24/7.
Pingit currently has over 2.9 million registered users, and more than 68,000 businesses have signed up to use the service. Individuals don’t have to be a Barclays customer to use Pingit, and more than £2 billion has been transferred via the app to date. By allowing payments to be made without the need to input bank details, Pingit provides a fast and secure way to transfer funds.
The BBM-enabled Pingit app is available free for Android and iOS devices from the App Store and Google Play.
