24 February 2018
visit www.nextgenbanking.co.uk/

All TSB debit card customers to go contactless

20 January 2014  |  2717 views  |  0 Source: TSB

In just six months (January to June 2014), all eligible TSB customers will be issued with a new TSB debit card with contactless functionality.

TSB's commitment to rolling out contactless means that 2.2million of its customers will be able to use contactless technology by the end of June.

The rollout of contactless coincides with the issue of new TSB branded debit cards. The new cards will replace TSB customers' existing Lloyds TSB debit cards when they expire in the first half of this year, marking a significant step in the separation of the Banks.

Over 200,000 TSB customers already have contactless cards and contactless functionality has been provided as standard to new customers opening a TSB current account since December last year.

TSB debit card customers can use their contactless card to pay for small transactions up to £20 by simply holding their card over one of 164,000 contactless terminals in the UK**. More retailers are now accepting contactless, including M&S, McDonalds, Starbucks and Boots, and from April customers will also be able to use their TSB contactless debit cards on the Transport for London network instead of oyster cards.

Jatin Patel, Products Director, TSB, says: "More and more people are using contactless technology for small purchases which is why we are proud to be rolling out contactless cards to our debit card customers over the next six months. This is an important step to ensure our customers can benefit from the latest and most convenient payment options."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit http://info.nice.comvisit www.swift.com/your-needs/instant-paymentsVisit www.vasco.com

Top topics

Most viewed Most shared
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
11721 views comments | 16 tweets | 10 linkedin
hands typing furiouslySome Interesting Applications Of The Inter...
10307 views 3 | 9 tweets | 1 linkedin
Basel Committee outlines disruptive fintech scenariosBasel Committee outlines disruptive fintec...
8494 views comments | 15 tweets | 26 linkedin
Investment Association sets up fintech accelerator for asset managersInvestment Association sets up fintech acc...
8033 views comments | 19 tweets | 10 linkedin
R3 creates Legal Centre of Excellence for blockchain technolgyR3 creates Legal Centre of Excellence for...
7727 views comments | 10 tweets | 14 linkedin

Featured job

Competitive base + commission + benefits
London, UK

Find your next job