24 June 2018
Visit www.worldwealthreport.com/

Barclays to offer mobile payments via Android

15 September 2015  |  12610 views  |  3 barclays Branch signage

While Barclays continues to drag its heels on mobile payments via iPhones, it is set to become the first UK bank to introduce contactless payments from any NFC-enabled Android phone.

The activation of the bank's Android app for NFC will take place next month, 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.

Mike Saunders, managing director of digital consumer payments at Barclaycard, says: “Barclaycard has a strong history of innovation and we're constantly looking for new ways to revolutionise payments. These new features transform Android phones into a mobile hub for our customers allowing them to manage their account on the go, make contactless payments up to £100 and have a lost or stolen card instantly re-issued - letting them continue to make contactless payments straightaway."

Barclays utilisation of its own app for mobile payments comes as Lloyds Banking Group and M&S Bank joins the ranks of UK financial service providers switching on support for Apple Pay, following its launch in the UK in July.

Although it has promised to join the Apple Pay bandwagon at some undefined date 'in the future', Barclays appears to be adopting a go-it-alone strategy with its roll-out of mobile payments, preferring to retain the primary contact with the customer rather than providing the rails for interlopers like Apple, Google and Samsung to hitch a free ride.

Comments: (3)

Matt Scott
Matt Scott - RenovITe Technologies Inc - London 15 September, 2015, 14:41

It would be interesting to know if they are planning to use the Embedded Secure Element (eSE) or Host Card Emulation (HCE)...

1 thumb up! 1 thumb up!
Dean Wallace
Dean Wallace - ACI - Global 15 September, 2015, 17:24 Given there aren't any MNOs mentioned and its "any NFC capable android phone" my assumption would be HCE
2 thumb ups! 2 thumb ups!
Matt Scott
Matt Scott - RenovITe Technologies Inc - London 15 September, 2015, 22:41 OEM's are the key custodians for eSE, MNO's are key custodians for UICC (SIM) SE's. HCE introduces a quandry for the offline (no cellular network) use-case - pre-caching zero value cryptograms exposes potential replay attacks if the app was compromised somehow (not beyond the realms of possibility on a rooted android phone).
Be the first to give this comment the thumbs up 0 thumb ups!
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

Google squares up to Apple with Android Pay launch

Google squares up to Apple with Android Pay launch

10 September 2015  |  11382 views  |  1 comments | 34 tweets | 19 linkedin
Behold the contactless jacket

Behold the contactless jacket

02 September 2015  |  10348 views  |  0 comments | 24 tweets | 19 linkedin
UK banks drag their feet as Apple Pay opens for business

UK banks drag their feet as Apple Pay opens for business

14 July 2015  |  15313 views  |  11 comments | 26 tweets | 24 linkedin
Barclays joins Zapp as Apple Pay looms

Barclays joins Zapp as Apple Pay looms

07 July 2015  |  19823 views  |  4 comments | 27 tweets | 25 linkedin
Barclays extends cheque imaging to Android phones and iPads

Barclays extends cheque imaging to Android phones and iPads

02 July 2015  |  7551 views  |  3 comments | 13 tweets | 11 linkedin
Barclays takes on Apple with wearable payments

Barclays takes on Apple with wearable payments

29 June 2015  |  17835 views  |  1 comments | 39 tweets | 35 linkedin
UK lottery adds Pingit payments option

UK lottery adds Pingit payments option

10 June 2015  |  7053 views  |  0 comments | 23 tweets | 6 linkedin

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit https://info.nice.com/Visit www.aciworldwide.com

Top topics

Most viewed Most shared
GPS raises £44 million to fund international growthGPS raises £44 million to fund intern...
26654 views comments | 7 tweets | 8 linkedin
Robots save Nordea from GDPR processing nightmareRobots save Nordea from GDPR processing ni...
9401 views comments | 10 tweets | 18 linkedin
BIS: Cryptocurrencies are an environmental disaster that could break the InternetBIS: Cryptocurrencies are an environmental...
8861 views comments | 18 tweets | 23 linkedin
ING and BNP Paribas invest in blockchain-powered trade platform TradeIXING and BNP Paribas invest in blockchain-p...
7399 views comments | 15 tweets | 27 linkedin

Featured job

Find your next job