First Bus has become the first UK nationwide public transport company to offer Barclays Pingit as a mobile payment option.
This month saw First Bus complete the roll out of Mobile Ticketing across its operations. Despite having only recently added the Barclays app as a payment option for customers, Pingit's share of mTicketing transactions is approaching seven per cent.
Darren Foulds, director of mobile banking and Pingit at Barclays, says: “This partnership is another example of how mobile payments are being integrated across different industries, and shows the great potential for mobile payments as services like Pingit gain more widespread use.”
To date, Pingit has been downloaded over 3.5 million times and the total amount sent using the service has reached £775 million. Over 48,000 businesses have registered to use the service.
Since launching mTicketing in its Aberdeen and Worcester operations in March 2014 First says it is now selling more than 30,000 mTickets a month across the UK.