Contactless Smart Cards, RFID, Payment, Transit and Security

Barclaycard leads contactless payments in UK

Thursday, September 4, 2008

Barclaycard announced it will have issued at least a million contactless cards in the UK by the end of this year. Including its O2 trial, which involves NFC payments, it now has 6,000 terminals that accept contactless payments as well.

What has helped spark this growth are well-known merchants jumping on board with contactless payments. These include Coffee Republic, EAT, The National Trust and Yo! Sushi. In addition, Barclaycard says it will announce other big name retailers in the next few months. Another reason for the growth is the release a year ago of the Barclaycard OnePulse that’s tied to London’s popular Oyster card.

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McDonald’s and Barclaycard are gearing up to launch NFC awareness campaigns aimed at spurring the adoption of contactless payment technology, according to MarketingWeek.

Barclaycard, which holds the highest share (71%) of the UK contactless market, reports that contactless transactions have doubled in the last year, but are still “nowhere near” where they want to be, according to Tom Gregory, Barclaycard’s head of digital payments.

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Proxama has announced a partnership with semiconductor supplier ARM Holdings to create secure payment mechanisms for mobile handsets.

The UK-based partners say they will combine ARM’s TrustZone technology with Proxama’s Mobile Wallet to develop a “highly secure” environment for NFC-enabled mobile contactless payments and mobile internet payments.

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Barclays and Barclaycard have teamed up with the London Community Gospel Choir to put a new spin on charitable donations this holiday season, reports Shiny Shiny.

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The European Payments Council (EPC) has published the second edition of its “White Paper on Mobile Payments.”

According to EPC, the white paper focuses on the usage of the mobile payments in the Single Euro Payments Area (SEPA) and explores how m-payment services can be delivered through cooperation between service providers in the payment industry and players within the mobile ecosystem.

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Barclaycard Global Commercial Payments has announced the launch of the UK’s first contactless corporate payment card.

All new cardholders can make purchases of £15 or under by simply holding the card over a reader. Aside from greater convenience for customers, the cards enable businesses to track all small transactions that until now were typically made with cash.

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The O2 Arena in London has teamed up with Barclaycard and Visa Europe to introduce contactless technology in more than 250 card payment terminals across the venue.

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