22 August 2017
Find out more

Barclays launches Twitter payments service

25 February 2015  |  21957 views  |  0 Woman leaning on wall using smartphone

In a UK first, Barclays is launching a service that lets people pay each other and small businesses using just their Twitter handle.

Launching on both Android phones and iOS devices next month, Twitter payments will be enabled through the bank's Pingit mobile funds transfer service.

To sign up, users can link their Twitter handle to their Pingit profile and direct cash payments to other users of the micro-blogging service.

The three-step process (log-in, select Twitter handle, send) is far more elegant than other previous attempts by banks to use Twitter as a payment mechanism, such as that introduced by India's Icici Bank in January.

Darren Foulds, director of Barclays mobile banking and Pingit says: “Adding the ability to pay people or a small business using just a Twitter handle brings together a social and digital experience to create a new step forward for mobile payments in the UK”.

With 80% of UK Twitter users now accessing the social network through their mobile regularly, the offering gives people a new way to pay without having to always provide either bank details or a phone number.

Launched in 2012, Pingit has now received 3.7 million downloads and over £1 billion has been sent using the app.
KeywordsSOCIAL MEDIA

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

Barclays puts the branch on the iPad

Barclays puts the branch on the iPad

09 February 2015  |  12628 views  |  4 comments | 27 tweets | 22 linkedin
Icici introduces Twitter-based money transfers

Icici introduces Twitter-based money transfers

20 January 2015  |  11526 views  |  2 comments | 23 tweets | 6 linkedin
Moving from cheques to mortgages, Barclays to accept photos of customer documents

Moving from cheques to mortgages, Barclays to accept photos of customer documents

19 January 2015  |  11160 views  |  1 comments | 12 tweets | 17 linkedin
Barclays launches 'Code Playground' to arm UK consumers with tech skills

Barclays launches 'Code Playground' to arm UK consumers with tech skills

16 January 2015  |  11471 views  |  0 comments | 14 tweets | 9 linkedin
Bank of England turns to Twitter and Facebook to help set interest rates

Bank of England turns to Twitter and Facebook to help set interest rates

02 January 2015  |  25006 views  |  5 comments | 32 tweets | 23 linkedin
Barclays extends cheque imaging pilot to one million customers

Barclays extends cheque imaging pilot to one million customers

05 December 2014  |  23061 views  |  3 comments | 14 tweets | 18 linkedin
Barclays begins in-branch beacon technology trial

Barclays begins in-branch beacon technology trial

02 December 2014  |  11726 views  |  0 comments | 7 tweets | 12 linkedin
Twitter lets users add coupons to cards for in-store redemption

Twitter lets users add coupons to cards for in-store redemption

25 November 2014  |  6197 views  |  0 comments | 15 tweets | 5 linkedin
Barclays Pingit is just the ticket for First Bus

Barclays Pingit is just the ticket for First Bus

19 November 2014  |  7432 views  |  0 comments | 7 tweets | 14 linkedin
Post Office launches Twitter donation service for Children in Need

Post Office launches Twitter donation service for Children in Need

18 November 2014  |  5270 views  |  0 comments | 9 tweets | 7 linkedin
Barclays mobile apps processing £4 billion in transactions per month

Barclays mobile apps processing £4 billion in transactions per month

25 September 2014  |  11075 views  |  0 comments | 20 tweets | 15 linkedin
French bank preps Twitter-based P2P payments service

French bank preps Twitter-based P2P payments service

15 September 2014  |  12763 views  |  7 comments | 36 tweets | 15 linkedin
Twitter starts testing 'buy' button

Twitter starts testing 'buy' button

08 September 2014  |  7054 views  |  0 comments | 22 tweets | 25 linkedin
Barclays opens Pingit to Indian remittances

Barclays opens Pingit to Indian remittances

07 August 2014  |  9759 views  |  2 comments | 15 tweets | 12 linkedin
Barclays to offer gift cards over Pingit

Barclays to offer gift cards over Pingit

06 August 2014  |  9014 views  |  0 comments | 11 tweets | 13 linkedin
Amazon links Twitter accounts to shopping basket

Amazon links Twitter accounts to shopping basket

06 May 2014  |  4214 views  |  0 comments | 8 tweets | 6 linkedin

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comvisit www.abe-eba.euvisit www.niceactimize.com

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
12576 views comments | 26 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
11158 views comments | 22 tweets | 34 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
10332 views 0 | 6 tweets | 1 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
10294 views comments | 10 tweets | 8 linkedin
Australia regulates digital currenciesAustralia regulates digital currencies
10241 views comments | 21 tweets | 34 linkedin

Featured job

Find your next job