Barclaycard will
issue more than one million contactless cards this year as part of its migration
programme to the new technology.
Central to the financial services provider's contactless operations is
OnePulse, the three-in-one
card featuring Oyster
travelcard, credit and contactless payment functions, which was launched in
September in London alongside in-store technology OneTouch.
Following the successful introduction of the combined cards, Barclaycard
Business began a countrywide rollout of contactless technology. So far, more
than 4,000 retail outlets across the UK are able to accept the touch-and-go”
system and the company expects to have 20,000 businesses under its network by
year-end.
“We are very committed to contactless payments and this is only the start,”
Barclaycard head of contactless payments James McDonald told
Computing.
Businesses with a high volume of sales under £10 could gain value out of fast
transaction times, but there is still a lot of education to be done to convince
the retail industry about the benefits of contactless payments, said McDonald.
“We are currently working with a number of medium- and large-size retailers
already. Very big retailers are not on board yet as they are still going through
the evaluation of their business cases to decide how and when they would like to
roll out the technology,” he said.
Coffee
chain Eat is the latest retailer to partner with Barclaycard and is using
contactless payment to speed up transactions and reduce the need to handle
change.
Other retailers set to go live with Barclaycard terminals include
The National
Trust, which will implement the technology across 500 terminals in its gift
shops, tearooms, restaurants and admission payment points across the UK.
Comments
Have your say on this article