Categories
Close
Menu
Menu
Close
Search
Search

Featured Articles

Recognition of contactless payments almost doubles in the UK
News

Recognition of contactless payments almost doubles in the UK

Mark

84% now recognise the contactless payment symbol

Share:

Print

Rate article:

No rating
Rate this article:
No rating

Credit card business Barclaycard has published new research showing that most British people now recognise the symbol for contactless payments. 84% can identify the symbol for paying via contactless card or NFC mobile phone, which is almost double the figure from a year ago.

The research also shows that consumers are changing the way they pay, with 61% now saying they preferred using cards rather than cash to buy lower-value items up to £20.

Image

Richard Armstrong, Retailer Relationship Director at Barclaycard, said “The number of people using contactless has rocketed over the last year and, across Barclays, we’re now seeing our customers make more than a million such payments per month. We’re now working with a much wider range of retailers across transport, supermarkets, entertainment and indeed anywhere you currently use cash. A host of retailers have announced the move to contactless, including Starbucks, Waitrose and the M6 toll road. We’ve also given our customers greater choice in how they make contactless payments. We now offer not just contactless debit and credit cards but also mobile phones, Barclaycard PayTag which can be attached to your mobile and even, at selected events, a Barclaycard PayBand to be worn around your wrist”.

Security remains a concern for consumers. 75% of people didn’t realise they were protected against fraud when making contactless payments in the same way as all other card payments. When this was explained, less than 10% had concerns. In contrast, a quarter of those surveyed revealed they had previously left their wallet or purse in a public place.

Barclaycard is part of Barclays Retail and Business Banking, operating in the UK, the USA, Europe and Africa.

Comments

Collapse Expand Comments (0)
You don't have permission to post comments.

Opinion Articles

Whatever happened to all my tech?

ExclusiveWhatever happened to all my tech?

Mark Bridge writes:

I've been taking a look back at the devices I've written about during the past few years. Some are still faithful companions, others... well, let's just say my faith was misplaced.

ExclusivePredictions for 2016: Network Function Virtualisation, 4G throttling and video calling

Mark Windle, head of marketing at OpenCloud, predicts that this year’s reduction in the number of traditional telecoms operators in some countries will provide an opportunity for other operators to innovate and capture market share in 2016.

He says next year will be a year of rapid change for telecoms… whether it’s MVNO disruption, competitive tariff pricing or simply defence from the ‘dark art’ of hacking.

Kapture review: the audio-recording wristband

ExclusiveKapture review: the audio-recording wristband

Mark Bridge writes:

The most memorable moments in life often go unrecorded. You don't have your camera in your hands. Your finger is still hovering over the 'pause' button on your audio recorder. Or you were simply too busy experiencing whatever was happening. It's all about the one that got away.

That's where Kapture can help.

RSS
12345678910Last

Recent Podcasts

ExclusivePodcast - 9th September 2011

Hans Eriksson, Executive Chairman of mobile video streaming service Bambuser, is in London for a 24-hour non-stop mobile video broadcast. Mark Bridge talks to him as he prepares to test his company's technology - and test the power of social networking, too.

ExclusivePodcast - 7th September 2011

This week's podcast includes news of several new products announced at IFA 2011. In addition, we hear about reorganisations planned by Everything Everywhere, Yahoo! and Telefonica.

ExclusivePodcast - 2nd September 2011

Neal Fullman, CEO of Get Taxi, talks about the company's ambitious plans to transform the way we hail a cab – and explains why there's much more to Get Taxi than its innovative mobile app.

ExclusivePodcast - 31st August 2011

It's almost the end of the 'silly season' for news - but this week's podcast finds plenty of serious stories as well, starting with the departure of Steve Jobs as Apple CEO.

ExclusivePodcast - 26th August 2011

In this short feature, Mark Bridge takes a personal look at the cost - and the convenience - of using a mobile phone for calls, text messages and data in France.

RSS
First4647484951535455Last

Follow thefonecast.com

Archive Calendar

«July 2026»
MonTueWedThuFriSatSun
293012345
6789101112
13141516171819
20212223242526
272829303112
3456789

Archive