Barclays Bank Chooses Kenya to Launch Pingit mobile money transfer Service
Barclays Bank PLC has chosen Kenya as the lead launch pad for its new mobile money transfer service called pingit. Barclays is the first bank in the world to launch an international fee-free mobile money transfer service.
Pingit will allow Barclays Hello Money customers in Kenya to receive money from their friends, families and business associates in the UK for free.
Barclays plans to roll out the service across 12 African Countries by the end of 2012 .