23 March 2017
Visit EBAday.com

Barclaycard rolls out contactless stickers

19 April 2012  |  15226 views  |  0 PayTag iPhone

Barclaycard has begun rolling out contactless payments stickers that can be attached to mobile phones to its UK Visa credit card customers.

The free PayTag stickers, around a third of the size of a credit card, are currently being offered to selected customers, who can link them to their main accounts. A full roll out to millions more people will follow later this year.

Customers attach the stickers to their handsets and can then make payments of up to £15 (rising to £20 in June) at retailers that accept the technology with a tap against a terminal.

According to Visa, the number of contactless point-of-sale terminals in the UK will rise by 50% to 150,000 this year. Yesterday supermarket giant Asda became the latest to commit to the technology, joining the likes of Waitrose, McDonalds, Boots, WH Smith and Tesco.

Meanwhile, Transport for London is currently upgrading all Oyster card readers across the capital to work at the touch of a bank-issued card or a handset. The new system is expected to be up and running on all of London's 8000 buses by the end of the year, with the Tube, DLR, Tram and London Overground network following in 2013.

Barclaycard claims that not only will there be a surge in contactless payments but that by 2016 half of these will be carried out using phones rather than cards.

David Chan, CEO, Barclaycard Consumer Europe, says: "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."

The firm stresses that by opting for the relatively low-tech option of stickers it can bring mobile payments to all customers, no matter what handset they use. Manufactures, notably Nokia and Samsung, are adding NFC capabilities to a growing number of models but these are still owned by a tiny proportion of Brits.

Meanwhile, telco-led systems that use the SIM are still some way off - a fact highlighted last week when the European Commission extended its investigation into Project Oscar, the proposed JV from Everything Everywhere, Telefonica and Vodafone, over anti-competition concerns.

Barclaycard and its parent Barclays have a history of moving early in a bid to steal a march on rivals when it comes to new technology, issuing contactless cards before anyone else in the UK back in 2007.

Last week it teamed up with Orange to enable credit or debit card holders from all UK banks to load money onto Barclaycard's mobile payments application, in the Quick Tap wallet. Orange also confirmed that it would be making Quick Tap available on a range of Android phones.

In February, Barclays launched a person-to-person payments service, called Pingit, that enables Brits to send and receive money using mobile phone numbers, despite the fact that its fellow banks are in the process of collaborating on a similar joint system. Last week Pingit was opened up to non-customers, providing Barclays with a chance to hoover up more users before the rival service launches.

KeywordsEFTPOS

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

EC opens 'in-depth investigation' into UK telcos' mobile wallet plans

EC opens 'in-depth investigation' into UK telcos' mobile wallet plans

13 April 2012  |  8845 views  |  0 comments
Nokia launches Windows-based NFC phone

Nokia launches Windows-based NFC phone

11 April 2012  |  8055 views  |  0 comments
Google Wallet suffers further setbacks as key execs jump ship

Google Wallet suffers further setbacks as key execs jump ship

20 March 2012  |  12228 views  |  2 comments
UK telcos submit mobile wallet proposals to EU competition authorities

UK telcos submit mobile wallet proposals to EU competition authorities

08 March 2012  |  10695 views  |  0 comments
Qatar gets SIM and sticker-based contactless m-payments

Qatar gets SIM and sticker-based contactless m-payments

06 March 2012  |  6894 views  |  0 comments
Vodafone and Visa team on NFC m-payments

Vodafone and Visa team on NFC m-payments

27 February 2012  |  12959 views  |  0 comments
Visa shows off Olympics NFC m-payments app

Visa shows off Olympics NFC m-payments app

24 February 2012  |  13351 views  |  0 comments
Barclays launches mobile number-based P2P payments service

Barclays launches mobile number-based P2P payments service

16 February 2012  |  17771 views  |  3 comments
Google Wallet coming to UK ahead of Olympics - report

Google Wallet coming to UK ahead of Olympics - report

12 December 2011  |  13313 views  |  0 comments | 1 tweets
Orange and Barclaycard launch national mobile phone payment service

Orange and Barclaycard launch national mobile phone payment service

20 May 2011  |  13354 views  |  5 comments
Barclaycard deal brings contactless payments to M6 Toll road

Barclaycard deal brings contactless payments to M6 Toll road

17 May 2011  |  7708 views  |  3 comments
Barclaycard and Everything Everywhere to launch contactless m-payments

Barclaycard and Everything Everywhere to launch contactless m-payments

27 January 2011  |  15141 views  |  7 comments
Discover begins roll out of contactless cards and stickers

Discover begins roll out of contactless cards and stickers

29 November 2010  |  8983 views  |  0 comments
Barclaycard explores contactless future

Barclaycard explores contactless future

30 September 2010  |  14017 views  |  0 comments
Citi rolls out contactless payments stickers

Citi rolls out contactless payments stickers

10 June 2010  |  17021 views  |  0 comments
MasterCard introduces PayPass mobile stickers

MasterCard introduces PayPass mobile stickers

30 March 2009  |  14405 views  |  2 comments
Barclaycard reaches one million contactless card target

Barclaycard reaches one million contactless card target

27 November 2008  |  14514 views  |  1 comments
Barclaycard chief predicts death of plastic cards

Barclaycard chief predicts death of plastic cards

09 September 2008  |  18881 views  |  0 comments
Barclaycard to launch public mobile payments trial

Barclaycard to launch public mobile payments trial

28 November 2007  |  15815 views  |  0 comments
Barclaycard rolls out Oyster payments card

Barclaycard rolls out Oyster payments card

10 September 2007  |  16321 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit capgemini.comvisit abe-eba.euParticipate in the survey

Top topics

Most viewed Most shared
Bank of England sets up fintech Community; runs blockchain and AI trialsBank of England sets up fintech Community;...
15763 views comments | 33 tweets | 26 linkedin
hands typing furiouslyMachine Learning: Lessons for Banks From S...
9859 views 0 | 11 tweets | 8 linkedin
Samsung Galaxy S8 to use facial recognition for payments - BloombergSamsung Galaxy S8 to use facial recognitio...
8306 views comments | 35 tweets | 27 linkedin
satellite26 Japanese banks register for Exchange-ru...
7370 views comments | 2 tweets | 1 linkedin
Can banks really win in the payments business of the future? – new Finextra reportCan banks really win in the payments busin...
7036 views comments | 21 tweets | 35 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job