Barclaycard has unveiled the name, design and web site of its smartcard that will combine contactless payment, credit card and travel features.

The card allows passengers to make cashless payments of under £10 by waving the card over a reader as well as acting as a travel pass through barriers at London Underground stations. It will be launched in the autumn.

The OnePulse card has three separate functions; an Oyster smartcard for travel on the tube, bus and some national rail services; ‘wave and pay’ technology for purchase of low-value items; and a standard chip-and-PIN credit and debit card.

A deal between Transport for London, Barclaycard and TranSys, the consortium that delivers the Oyster smartcard, was signed last year to give Barclaycard the exclusive rights for Oyster to be placed on its cards for the next three years.

‘We wanted a brand name that conveyed the sense of energy that runs through the city while highlighting the card’s unique three-in-one feature,’ said Barclaycard chief marketing officer Elizabeth Chambers.

‘We believe Barclaycard OnePulse is the future of payments in London and hope as many Londoners as possible enjoy the benefits when it is rolled out in the autumn.’

The combined card will deliver added value to Barclaycard customers without disrupting the Oyster service which has become a part of London life, said TranSys chief executive John Stout.