21 December 2014

Barclays extends Pingit to Kenya

20 August 2012  |  7767 views  |  0 Barclays branch sign

Barclays is preparing to roll out its Pingit mobile payments app internationally, beginning this week with a link enabling people in the UK to send money to Kenya.

Launched in the UK earlier this year, Pingit is a person-to-person payments service that enables people to send and receive money using mobile phone numbers.

Once users have downloaded a free, password-protected app for their smartphone and registered they can send money to anyone over 16 with a UK mobile number and a UK bank account who has also registered.

With the service proving a hit - downloaded more than a million times in its first six months - Barclays is now preparing to roll it out internationally, across thirteen African countries by the end of this year with expansion into Europe in early 2013.

The first stage, launching this week, will enable payments from the UK to Kenya, with British users able to send up to £750 per day to the 120,000 Barclays Hello Money customers in Kenya, who can receive up to £5000 per day.



Barclays is targeting Pingit at the 200,000 Kenyan-born people in the UK and many more of Kenyan heritage who want to send money back to relatives. In the first half of 2012, Kenyans working abroad sent around $600 million in remittance payments into the country.

Antony Jenkins, chief executive, Barclays retail and business banking, says: "Pingit is quick, convenient, secure and free - it's revolutionised how people send and receive money in the UK, and now has the potential to transform international payments around the world."

The service will be extended to Botswana, South Africa, Zambia, Tanzania, Ghana, Nigeria, Egypt, Zimbabwe, Uganda, UAE, Seychelles and Mauritius by the end of the year.

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