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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.

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Barclays to merge BPay and Pingit apps

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

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.

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