BlackBerry teams up with Barclays Pingit to bring mobile payments through BBM

BlackBerry has now announced they have teamed up with Pingit from Barclays, to enable mobile payments through BBM in the UK. As of today, BBM users can initiate mobile payment transfers to each other in seconds using the Pingit application. It's available to all individuals with a UK bank account, as well as all businesses with a Barclays account.

"BBM delivers real convenience for our customers sending or receiving money through the Pingit app. Customers want to be able to make payments quickly , easily and safely, and by creating the option for funds to be transferred from within BBM conversations, we're allowing Pingit to make the payments process simpler for even more people," said Darren Foulds, Managing Director for Pingit at Barclays.

"BBM has become a secure platform for consumers and brands to exchange messages, photos, files and stickers with each other," says Matthew Talbot, SVP, BBM at BlackBerry. "Exchange money was a logical extension, whether it's paying back someone during a BBM chat or buying something from a BBM Ad – and another great example of how BBM successfully brings chat, social and commerce together."

Pingit currently has over 2.9 million registered users, and more than 68,000 businesses have signed up to use the service. Individuals don't have to be a Barclays customer to use Pingit, and more than £2 billion has been transferred via the app to date. The BBM-enabled Pingit app is now available as a free download for Android and iOS devices from the App Store and Google Play.

BARCLAYS PINGIT APP ADOPTS BBM TO FACILITATE MOBILE PAYMENTS

London, UK – February 19, 2016 – Barclays, an international financial services provider, and BlackBerry Limited (NASDAQ:BBRY; TSX: BB), a global leader in secure mobile communications, today announced that they are bringing the immediacy, reliability and ‎security of BBM™ to Pingit money transfers in the UK.

Pingit, Barclays' mobile payment app, allows instant money transfers using phone numbers, and now BBM. As of today, BBM users can initiate mobile payment transfers to each other in seconds using the Pingit application.

Pingit allows businesses and individuals to complete money transfers seamlessly from sender to receiver. Once a user has added their BBM ID as a linked ID within Pingit, they can initiate a money transfer directly from within a BBM conversation as easily as sending a photo or sticker to a BBM contact. To receive a transfer, the receiver will see a money transfer notification during their BBM conversation, will be prompted to enter their secure password to authorise the transaction and will receive a BBM notification from the sender to confirm when the payment has been processed in the receiver's Pingit account.

Pingit currently has over 2.9 million registered users, and more than 68,000 businesses have signed up to use the service. Individuals don't have to be a Barclays customer to use Pingit, and more than £2 billion has been transferred via the app to date. By allowing payments to be made without the need to input bank details, Pingit provides a fast and secure way to transfer funds.

"BBM delivers real convenience for our customers sending or receiving money through the Pingit app. Customers want to be able to make payments quickly , easily and safely, and by creating the option for funds to be transferred from within BBM conversations, we're allowing Pingit to make the payments process simpler for even more people," said Darren Foulds, Managing Director for Pingit at Barclays.

"BBM has become a secure platform for consumers and brands to exchange messages, photos, files and stickers with each other," says Matthew Talbot, SVP, BBM at BlackBerry. "Exchange money was a logical extension, whether it's paying back someone during a BBM chat or buying something from a BBM Ad – and another great example of how BBM successfully brings chat, social and commerce together."

The BBM-enabled Pingit app is now available as a free download for Android™ and iOS devices from the App Store and Google Play.