Wednesday 19 February 2014 8:17 pm

App used to help buy a house as Barclays and Savills strike a deal

AN APP has been used to help purchase a house for the first time, following a new partnership between Barclays and Savills Auctions. Barclays Pingit app was used by a homeowner to put a £23,000 deposit on a house in Mitcham, South London this month. The partnership will enable Savills Auctions customers to make a deposit by scanning a Savills QR code from within the Pingit app. “For quick, secure transactions on the go, mobile is fast-becoming a trusted method of making payments – whether from person-to-person or, as in this case, to pay a business,” said Darren Foulds, Barclays mobile banking and Pingit product director. The Barclays Pingit app has been downloaded 2.5m times since it was launched in February 2012, with the total amount of money sent using the service reaching £350m. The Centre for Economic and Business Research (CEBR) forecasts that, by 2020, 20m adults will use their mobile devices to pay for goods and services.

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