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Saturday, October 11, 2014

Major UK retailers announce their support for Zapp mobile payments

Mobile payment service Zapp has announced partnerships with a number of UK retailers ahead of an anticipated launch next year.

Asda, Sainsbury’s, House of Fraser and Shop Direct have all said they aim to allow the smartphone-based Zapp payment process from 2015.

Other companies including Best Western, Clarks, Oxfam, Spar and Thomas Cook have previously confirmed their support, along with HSBC, First Direct, Nationwide, Santander and Metro Bank.

Zapp is a subsidiary of payment provider VocaLink. It’ll enable customers to pay for goods using their existing bank account via an app on their mobile device.

Peter Keenan, Chief Executive of Zapp, said “Today is a hugely significant milestone in the history of money in the UK. At last the promise of a truly mobile and digital payment method will become a reality, meaning easier and more secure checkouts for millions. It’s amazing to have the support of such well known retailers. Together with our other partners this means millions of consumers will be able to shop at tens of thousands of merchants up and down the UK at launch.”

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Author: The Fonecast
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