Pingit Feedback

Seems Barclays is getting inspired by monzo.me. Their most innovative service Pingit can now be used just as Monzo.me.

If you have Pingit App you can create your own Pingit.me URL

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Hmm, very interesting, thanks for sharing. I wonder if I should start using this for bills to reduce the cost on Monzo :laughing:

They have following limits;

You can use a UK debit card to send up to £150 to each Pingit page.
Over a 7-day period, you can pay up to £400 and/or make up to 4 separate payments to a Pingit page.

Wonder if we’re beginning to witness Barclays’ foray into transferring their consumer business over to a more fintech footing?

Pingit, which was a Paym platform now comes with Pots, payment wearables (inherited from now–defunct bPay) but also a fully–formed Visa debit card, which debits from a configured Pot. Pots can be auto–topped up, which means you could use one as a TfL travel account instead of Oyster.

The interesting thing is Pots come with their own account numbers and sort codes. Not too far a leap to see Barclays marketing Pingit as a stand-alone banking brand in the not–too distant future, like Bó from RBS?

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I’ve got it with a contactless band. It’s incredibly simple to use. Create pots and switch which pot the band points to on the fly. I think Monzo is crying out for this functionality being able to spend directly from a pot.

If there’s an account number and sort code behind them, does that mean I can setup a direct debit to it?

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Depends. Do you know what sort code they’re using? Might be more like a prepaid card that doesn’t support that

Yea it tells you the sort code and account number in the settings of each pot. I’ve got a couple and they all look like unique ones

Check what it says here to begin with then. A fun link for quiet nights in

https://www.sortcodes.co.uk/checker.html

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Looks like no direct debits.

On another note, I really don’t like the fact that the National Lottery is embedded in the app with what is effectively an auto bet toggle.

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