Barclays Finds A New Use For Twitter
 |
| twitter.com |
Using the Barclays
Pingit app you will now be able to
exchange small payments using Twitter with friends, families and even businesses.
When
Barclays launched Pingit in 2012 their aim was to make sending and receiving
money easy, fast and secure. The original idea was to do so using UK mobile numbers.
However, by the 10th of March there will be a new option to link
your Pingit and Twitter accounts.
Any initial
trepidation about the safety of using Twitter as a banking platform was stamped
out quickly by Barclays who say that transfers will not be carried out by
Twitter, but through Pingit. which already has high security measures in place. And,
as with any of Barclay’s mobile banking services, there is a Mobile Banking
Guarantee which protects you against fraud.
You don’t have
to be a Barclays customer to use the app and it’s available on both iOS
and Andriod, making Pingit open to pretty much any of Twitter’s 15 million
users in the UK.
There are
daily limits on how much you can send and receive using Pingit that vary depending
on who you bank with and the type of account you have. Break these limits and
you could be looking at a frozen account. But, other than that, it seems pretty
simple and all you need to get involved is for both parties in the payment to
have Twitter handles.
This could
revolutionise the way we make small payments and be particularly useful for
IOUs, emergency payments and for any users who are abroad.
However, I also
wonder if it could be a fad. Online banking is easy enough and Barclays made that
simpler by adding in the mobile to mobile payment feature a few years back,
which other banks have quickly mimicked.
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| dailymail.co.uk |
As if that wasn't innovative enough, they had
to get Twitter involved. Personally, I think this is a novelty that will soon
wear off. I’d be weary of using it myself, considering my bank has an app that is
available just as readily as Pingit. However, with more than £1bn being sent
via the app and businesses now being invited to join in, perhaps I am just being
old fashioned.
Megan Herdson
Megan is a country girl who moved to the city with some big dreams. She is studying her MA in Creative Writing whilst also managing an American Football Team. She loves her blog and wants nothing more than to have her words read. That and to win the Championship, obviously. Follow her @MeganAtSMF
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Barclays Finds A New Use For Twitter
Reviewed by Unknown
on
Monday, March 02, 2015
Rating:
Reviewed by Unknown
on
Monday, March 02, 2015
Rating:
Unknown
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