20 August 2017
visit www.avoka.com

Orange and Barclaycard launch contactless credit card

07 January 2010  |  19680 views  |  0 card chip

Wireless operator Orange and Barclaycard have launched a co-branded contactless credit card that will let customers manage their budgets and keep tabs on spending via SMS notifications.

The MasterCard card's introduction is part of a strategic alliance forged last March between the bank and telco aimed at pushing through the development and adoption of contactless mobile payments services.

The card enables customers to purchase items of £10 and under at the point of sale by waving it over specially equipped terminals.

Automated SMS alerts will let cardholders keep a tab on spending, with customers also able to set alerts and blocks on card spend online, abroad or for high value transactions. In addition weekly or monthly budgets can be set with alerts informing users when they are reached.



Marc Overton, VP, wholesale, business development and partnerships, Orange UK, says: "A key part of our UK strategy is to grow and evolve our business, whilst at the same time provide extra value for our customers. In partnering with Barclaycard, we believe we're doing just that, and today's announcement is the next exciting step in the journey to the future world of consumers paying for everyday goods on their mobile phone."

The scramble from telcos to take advantage of the burgeoning mobile payments market has also seen O2 set up a personal finance unit and launch two pre-paid cards in partnership with high street bank NatWest.
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

Mobile money set to take off in Europe - Frost & Sullivan

Mobile money set to take off in Europe - Frost & Sullivan

13 November 2009  |  9212 views  |  0 comments
Mobile phone giant O2 moves into personal finance

Mobile phone giant O2 moves into personal finance

15 July 2009  |  12215 views  |  0 comments
Barclaycard and Orange team on contactless m-payments

Barclaycard and Orange team on contactless m-payments

09 March 2009  |  15896 views  |  0 comments
Barclaycard reaches one million contactless card target

Barclaycard reaches one million contactless card target

27 November 2008  |  14667 views  |  1 comments
Barclaycard chief predicts death of plastic cards

Barclaycard chief predicts death of plastic cards

09 September 2008  |  19014 views  |  0 comments
Barclaycard steps up contactless card roll out

Barclaycard steps up contactless card roll out

04 April 2008  |  12100 views  |  0 comments
Barclaycard to launch public mobile payments trial

Barclaycard to launch public mobile payments trial

28 November 2007  |  15996 views  |  0 comments
Barclaycard rolls out Oyster payments card

Barclaycard rolls out Oyster payments card

10 September 2007  |  16884 views  |  0 comments
UK telcos launch mobile payments system

UK telcos launch mobile payments system

03 September 2007  |  12699 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comvisit www.abe-eba.euvisit www.niceactimize.com

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
9153 views comments | 23 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
7903 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
7357 views comments | 10 tweets | 7 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
6658 views 0 | 1 tweets | 1 linkedin
hands typing furiouslyWhy Blockchain Might Not Be The Future For...
6516 views 1 | 5 tweets | 3 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job