Pingit is a mobile money transfer system in the U.K. Money transfer is made to the account associated with the phone number rather than the app installed on that phone, meaning all phones rather than just smartphones with the app installed would be eligible to receive payments.
The service works on the Faster Payment Scheme, so payments are effectively instantaneous, even between Barclays and non-Barclays customers, and they are free. Pingit is compatible with the Paym mobile payment system which works across other UK banks.
Pingit also provides a European IBAN and allows you to send and receive money inside Europe easily!
In addition to all the existing services, now you can also use Pingit to buy bitcoins in Paxful. Paxful makes the process of purchasing BTC with Pingit whole lot simpler. Pay with Pingit to have bitcoin in your Paxful wallet in less than an hour.
You can either buy from one of many offers listed by vendors for selling their BTC using Pingit or create your own offer to sell your bitcoin in Pingit balance. At Paxful, vendors can set their own rates and decide their margins. Select the offer that suits you the most while buying and create offers that have the best chance of converting.
Buy Bitcoin instantly with Pingit from