Pingit P2P mobile cash payment app security

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Pingit allows users in the UK to send payments from one mobile to another in the UK – it’s a kind of P2P application. The Pingit app is of course free to download to any smartphone such as a BlackBerry, Android or iPhone. Note to my readers – Some in the media claim this payment method is revolutionary – PayPal have also had this type of payment service for some time – it uses email addresses or mobile numbers to send and receive money. How does the Pingit app work? The Pingit app works by setting up a direct link between a customer’s mobile phone number and their bank current account details. Once you have downloaded the app and setup the five-digit app passcode, you can then make a payment to a recipients mobile number (the recipient will need to download the app to receive the payment). Authentication is required to send....

February 22, 2012
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Amanda Franky
6 months ago

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