Barclays Pingit will be the first bank app to go live with the Zapp mobile payments service when it launches in October.
Barclays joins a list of other FIs, retailers and payment providers that will support the ‘Pay by Bank app’ when it becomes available to customers this autumn.
The bank-linked mobile payment offering from Zapp, a venture backed by VocaLink, has been in the pipeline for some time. Zapp recently unveiled the ‘Pay by Bank app’ paymark, which will indicate that customers can use the service to pay for goods and services either online or at a point of sale in-store.
Barclays said it also plans to offer ‘Pay by Bank app’ payments to customers via their existing mobile banking app later this year, as well as extend it to hundreds of its corporate banking clients that currently accept Pingit payments.
Peter Keenan, chief executive of Zapp, commented: “We’re delighted to be able to announce that ‘Pay By Bank app’ will now include Barclays Pingit. This means every UK consumer will be able to make ‘Pay by Bank app’ mobile payments from October that are easier and more secure. This is a shining example of the financial and retail communities working together for the benefit of UK consumers.”
Darren Foulds, managing director of mobile payments at Barclays, added: “We have been innovating in the mobile space for many years and we’re delighted to announce another pioneering move. We expect to see rapid take up of ‘Pay by Bank app’ payments.”
Meanwhile, Barclays is the only major UK bank that has not yet announced support for Apple Pay, which is set to launch in the UK next Tuesday.












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