Barclays rolls out HCE-based contactless payment app
18 January 2016 | 10162 views | 2
Barclaycard has begun the roll out of a contactless mobile app for Android smartphones using Host Card Emulation technology.
The new mobile payment feature - first previewed in September last year - is finally being activated this week, enabling customers to use their handsets for ‘touch and go’ payments at over 300,000 locations in the UK, as well as across the London transport network. Transaction values will be limited to £30, rising to £100 if users enter the PIN on their mobile device.
In a market-first, a real-time replacement service will allow lost and stolen cards to be replaced with a virtual card to be downloaded instantly onto the app, enabling customers to continue to make contactless payments using their phones without a break in service while they wait for the physical replacement to arrive.