Head of Products at Barclays Bank Tanzania, Mr Samuel Mkuyu said; “Barclays internet Banking is an online platform that enables our customers to carry out their everyday banking transactions and pay for their utility bills over the internet anytime, anywhere conveniently and securely”
Barclays Tabloid Banking (BTB) which is internet banking provided, via applications supported by Android and iOS, device has also been launched. The solution bears the same functionality as Barclays Internet for Retail (BIR) except it does not allow self-registration. Furthermore, it only supports payments to billers and, or beneficiaries already listed as payees in the user’s profile.
The third service launched is Barclays Mobile Banking (BMB) which is internet banking via mobile app.
Barclays has signed contracts with six of the fintech startups that just graduated from its second New York accelerator programme.
Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark.
Cheques are become less and less common in the UK according to new research from global market research firm Mintel which claims contactless card use has overtaken cheque payments in the UK for the first time.
Payments for digital and physical goods made mobile operating system-based payments platforms like Apple Pay and Android Pay are expected to boom in the next few years according to new analysis from Juniper.