Corporate Finance, DeFi, Blockchain, Web3 News
Corporate Finance, Fintech, DeFi, Blockchain, Web 3 News

Toyota embraces mobile payments

The financial services arm of car manufacturing giant, Toyota, is offering customers the option to make additional payments on their car plans by simply using their mobile phone.


Toyota Financial Services provides a range of flexible finance options for new cars and Light Commercial Vehicles as well as all Toyota Approved Used vehicles. They are the first UK car manufacturer to sign up to Pingit, where it will be used in their financial services arm to offer customers a mobile payment option via Barclays Pingit.

Barclays Pingit enables Toyota Financial Services’ customers to make quick, easy and secure additional and final payments on their plans by using a smart phone or tablet. The app is free to download and can be used by anyone who has a UK mobile number and a UK bank account.

Rupert Wentworth-Jessop, Finance and Compliance Director at Toyota Financial Services said: “We understand the importance of giving customers choice when it comes to their payment options and Barclays Pingit provides our customers with an innovative, fast and convenient way to make payments.”

Mike Walters, Head of UK Corporate Transactions Product at Barclays said: “Ease and convenience are key factors when it comes to making payments and with mobile activity on the rise, it’s important for companies to consider mobile payment options as part of their offering. Toyota Financial Services recognise that their customers want choice and have embraced quick and secure innovative mobile payment solutions.”

About Barclays
Barclays is a major global financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth and investment management with an extensive international presence in Europe, the Americas, Africa and Asia. Barclays’ purpose is to help people achieve their ambitions – in the right way.
With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 140,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.
For further information about Barclays, please visit our website barclays.com


Vendredi 24 Janvier 2014




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