28 August 2016
Find out more

Barclays to offer gift cards over Pingit

06 August 2014  |  8267 views  |  0 Mobile banking on smartphone

Barclays Bank is teaming with Blackhawk Network to provide a range of merchant gifting options to users of its Pingit mobile payments app.

The bank plans to add support for gift card tokens from leading entertainment, dining, gaming, fashion, health and beauty and leisure brands.

Originally launched in 2012, Barclays Pingit is connected to the bank accounts of Barclays customers, who in turn are able to send and receive funds using just a recipient's mobile phone number. For non-Barclays customers, a digital wallet is created so easy payments, top-ups and withdrawals can be made.

Barclays has already dipped its toes in the mobile commerce arena with a QR code-reading app for Pingit users to buy products from print advertisements.

In partnering with Blackhawk, Barclays will make it possible for users to buy and send gift card tokens over the network.

"Gifting through mCommerce is a leap forward for the payments market. For businesses, e-gifting is a cost-effective way to acquire new customers and maximize incremental spend," says Matthew Howe, managing director, Europe at Blackhawk Network. "For consumers, the ability to purchase and send gift cards across digital channels provides far greater ease and convenience than having to make a trip to a particular merchant to purchase a physical gift card."

The service is scheduled for launch later this month.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

London cabbie ditches cash for Pingit (for one week)

London cabbie ditches cash for Pingit (for one week)

15 July 2014  |  6199 views  |  9 comments | 14 tweets | 4 linkedin
Capita integrates Barclays Pingit

Capita integrates Barclays Pingit

06 May 2014  |  5099 views  |  0 comments | 5 tweets | 4 linkedin
Homeowner uses Barclays Pingit to put down £23k deposit

Homeowner uses Barclays Pingit to put down £23k deposit

19 February 2014  |  5014 views  |  0 comments | 8 tweets | 4 linkedin
Barclays revamps Pingit to let big firms send payments to customers

Barclays revamps Pingit to let big firms send payments to customers

19 November 2013  |  6572 views  |  0 comments | 10 tweets | 10 linkedin
Children in Need adds Pingit donation option

Children in Need adds Pingit donation option

15 November 2013  |  4554 views  |  0 comments | 2 tweets | 4 linkedin
Barclays revamps Pingit for mobile commerce play

Barclays revamps Pingit for mobile commerce play

16 September 2013  |  9131 views  |  0 comments | 14 tweets | 7 linkedin
Barclays takes Pingit to the next level

Barclays takes Pingit to the next level

16 May 2012  |  12778 views  |  0 comments | 1 tweets

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit VocaLink.comVisit capgemini.comFind out more

Top topics

Most viewed Most shared
hands typing furiouslyBig Data's Three Big Trends in 2016
8082 views 5 | 22 tweets | 13 linkedin
hands typing furiouslyHow Banks Are Losing Millions by Ignoring...
7811 views 11 | 24 tweets | 10 linkedin
Nordea looking for AI and blockchain breakthroughsNordea looking for AI and blockchain break...
6712 views comments | 17 tweets | 21 linkedin
India's Unified Payments Interface goes live with 21 banksIndia's Unified Payments Interface goes li...
6320 views comments | 16 tweets | 18 linkedin
R3 blockchain consortium sheds light on Concord projectR3 blockchain consortium sheds light on Co...
6258 views comments | 14 tweets | 14 linkedin

Featured job

Find your next job