Categories
Close
Menu
Menu
Close
Search
Search

Featured Articles

News

Barclaycard offers stick-on NFC credit card for 'mobile' payments

Mark

Share:

Print

Rate article:

No rating
Rate this article:
No rating

Barclaycard, part of Barclays Retail and Business Banking, has launched a new way for UK customers to pay with their mobile phones. It’s called Barclaycard PayTag and is effectively a small NFC credit card that can be stuck to the back of a mobile handset. The sticker will operate as an additional card on a Barclaycard customer’s existing account.

PayTag will be offered free to existing Barclaycard Visa cardholders. A group of customers will be invited to use the service before it’s rolled out as an option for all UK Barclaycard customers later this year. Each PayTag card is around a third of the size of a normal credit card and incorporates the usual security measures for contactless payments, offering a maximum transaction value of £15 without entering a PIN. (The figure rises to £20 in June).

David Chan, CEO of Barclaycard Consumer Europe, said “Today, we are offering the choice of mobile payments to millions of our customers at no additional cost to them. More than half of us say that the item we’re most lost without is our mobile phone, so we’re giving people the option of using them to make easy, convenient, everyday payments without the need to upgrade their current handset. Barclaycard is developing a wide range of initiatives which will ultimately enable everyone to enjoy the benefits of mobile payments. Barclaycard PayTag is another milestone on our journey to make paying easier, and sits alongside other easy ways to pay with your mobile such as those we offer in partnership with Orange.”

Visa predicts the number of contactless point-of-sale terminals in the UK will rise by 50% this year to 150,000.

A similar hybrid system using MasterCard’s NFC technology was announced earlier this year by BOKU.

Comments

Collapse Expand Comments (1)
Mark Bridge

Almost two years ago I was muttering about 'convergence by gaffa tape'. It seems that very little has changed.

10
0
You don't have permission to post comments.

Opinion Articles

ExclusiveLast week at The Fonecast: 29th October 2012

Mark Bridge writes:

In many ways it’s been a week of big news without big surprises. Apple announced the much-rumoured iPad mini, which is just like an iPad but smaller. It also introduced a fourth-generation update to its larger iPad, promising more speed and more 4G connectivity.

ExclusiveLast week at The Fonecast: 15th October 2012

Mark Bridge writes:

Can you trust a Chinese company to build a telecoms network?  Apparently not, according to the US House of Representatives. The “Investigative Report on the U.S. National Security Issues Posed by Chinese Telecommunications Companies Huawei and ZTE” wasn’t at all impressed with the two companies, although most of the complaints appeared to be about a lack of cooperation rather than hard evidence. I wonder if any mysterious agents are planning to visit the new Huawei UK HQ before next year’s official opening?

ExclusiveCongressional warning on Chinese telecoms could prompt retaliation

William Gallo of voanews.com writes:

Analysts say this week's U.S. congressional report that called two Chinese telecoms a threat to national security is likely to prompt China to retaliate against U.S. businesses.

The House Intelligence Committee report warned U.S. companies against doing business with China's largest phone equipment companies, Huawei and ZTE.

ExclusiveKenya to pull plug on counterfeit mobile phones

Gabe Joselow of voanews.com writes:

Mobile phone subscribers in Kenya may wake up Monday morning to find their phones no longer work, as the nation's telecom companies enact a nation-wide switch-off of all counterfeit devices. Retailers and customers have mixed reactions to the plan, which could affect up to three million mobile phones.

RSS
First3031323335373839Last

Recent Podcasts

ExclusivePodcast from Mobile World Congress 2015

Mark Bridge learns about the mobile technology trends at Mobile World Congress 2015 by chatting to James Rosewell of 51Degrees, Dr Kevin Curran from the IEEE and Chris Millington of Doro.

They talk about wearable devices, wireless charging, mobile operating systems and much more... including some of their favourite products from the exhibition.

ExclusiveLooking back at February: from security scares to multiple MVNOs

We're taking a look back at the biggest mobile industry news stories from February 2015, including allegations that the UK's security service tried to breach SIM card security by hacking into one of the world's biggest SIM producers.

We also talk about the planned BT and EE merger, the creation of two new UK virtual networks, some acquisitions in the mobile payment arena and a new Ubuntu smartphone.

ExclusiveA month of mobile: O2 counts on 3, Microsoft counts to 10 and Apple counts its profits

We're back with a month of mobile industry news, including takeover talks and takeover rumours. O2 and Three are said to be discussing a merger... but is there any truth in the suggestions that BlackBerry could be up for grabs?

We also discuss Apple's record-breaking quarterly figures, the highlights of CES and the launch of Microsoft Windows 10, as well as saying farewell to the current version of Google Glass.

RSS
12345678910Last

Follow thefonecast.com

Archive Calendar

«July 2026»
MonTueWedThuFriSatSun
293012345
6789101112
13141516171819
20212223242526
272829303112
3456789

Archive