News and resources on payments systems, innovations and initiatives worldwide.
Barclays to merge BPay and Pingit apps

Barclays to merge BPay and Pingit apps

Barclays is trying to boost its BPay wearable contactless payments product by merging it with the more popular Pingit money transfer app.

Launched in 2014 as a wearable wristband in 2014, BPay was one of the first significant efforts to move contactless payments beyond cards.

Since then, the technology has been used in a range of wearables but has failed to take off in the face of competition from a host of rivals, most notably Apple.

In response, as first reported by Bloomberg, Barclays has decided to hitch BPay to it far more popular Pingit app - which has more than 3.5 million users.

Soon, BPay and Pingit will be accessible via a single app, which the bank hopes will encourage more people to take up BPay.

Comments: (0)