Pingit is the one of the latest players in the mobile payment industry, allowing users to send money to each other, simply by using a mobile number. Launched by Barclays in 2012, the free app has since been downloaded 3 million times. Over £600 million has been sent through the service! Its successful entry may be due to the fact that it is the first service of its kind; we musn’t discredit the fact that it is also quick, convenient, secure and easy to use.
How is Pingit doing in the mobile casino industry? Not so well, unfortunately! It is up against some stiff competition from credit cards, e-wallets and SMS payments. Each of these have been around since the dawn of internet banking, making it hard for any new competitor to change players’ habits. The question is: Are we missing out on a gem? We’ll pit Pingit against other popular payment options such as Boku, Paypal, Credit cards and e-wallets. The winner shall be the one that is most easy to use, available to all and above all, secure.
Deposit with Pingit at 32Red
To quote Rob Skinner of PayPal UK: “mobile is the future of money. If we view the first era of payment as cash and cheque, and the second as debit and credit card, the third is most definitely mobile.” Very soon, we’d leave our cash and credit cards at home and pay for everything using our mobile phone. Here’s a quick 101 on the most popular mobile payment methods in the market today.
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Yet another payment service has joined the mobile casino market – Barclays Pingit – and it is another twist on depositing via your mobile phone. The service is free to use, provided you have a UK bank account and a mobile phone number. Another huge selling point is that it is as safe as can be, as you’d expect from Barclays and its 300 years of banking expertise.
Despite 3 million downloads since its launch in 2012, Pingit has yet to be adopted by many mobile casinos in the UK. In this article, we learn about the service, in our quest to find out whether we should ‘Pingit at mobile casinos'. Continue reading