Barclaycard unveils mobile paytag

 

Millions of Barclaycard Visa credit card customers will be able
to make "contactless" payments using a sticker attached to the back of
their mobile phone which can be held against a reader.

The free Barclaycard PayTag can be fixed to the back of any mobile phone and is around a third of the size of a normal card.

The phone can then be used to make payments of £15 and under, rising to £20 in June, by being held over a payment terminal, without the need to sign or enter a PIN.

Concerns have been raised about the security of contactless bank cards, after a recent investigation suggested that people could have their details taken from a card in their pocket or wallet without their knowledge.

Channel 4 News found last month that new mobile phones could be adapted to take information from Barclays-issued Visa cards with one swipe.

Barclays told the programme that the issue is not with contactless cards, but with checks undertaken by some retailers, saying the details obtained should not be sufficient to undertake fraudulent activity.

Those behind the new Barclaycard scheme insisted it is "safe and secure" and emphasised that it comes with "the same 100% fraud protection as any Barclaycard".

There are more than 14 million contactless-enabled Barclaycards and Barclays debit cards and Visa predicts that the number of contactless point-of-sale terminals in the UK will rise by 50% to 150,000 this year.

Major retailers which offer, or are introducing, contactless payments include Waitrose, McDonald's, Boots, WH Smith and Tesco.

Barclaycard plans to roll out the scheme to customers later this year, saying that it will reach "millions" of customers. It did not give an exact figure for how many people it expects to take up the scheme but said hundreds of thousands of customers will be offered the chance to take part in the coming weeks.

Louise Holmes, spokeswoman for comparison website Moneyfacts, described the scheme as "an exciting, innovative way for cardholders to conduct transactions".

She said: "Millions of us carry mobile phones nowadays, so using our phones as a method of payment should prove popular with many consumers."

PA

Start your day with The Independent, sign up for daily news emails
ebooks
ebooksAn introduction to the ground rules of British democracy
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

Recruitment Genius: Compliance Manager

£40000 - £60000 per annum: Recruitment Genius: A Compliance Manager is require...

SThree: Talent Acquisition Consultant

£22500 - £27000 per annum + OTE £45K: SThree: Since our inception in 1986, STh...

Recruitment Genius: Experienced Financial Advisers and Paraplanners

Negotiable: Recruitment Genius: This extremely successful and well-established...

Guru Careers: FX Trader / Risk Manager

Competitive with monthly bonus: Guru Careers: We are seeking an experienced FX...

Day In a Page

Seifeddine Rezgui: What motivated a shy student to kill 38 holidaymakers in Tunisia?

Making of a killer

What motivated a shy student to kill 38 holidaymakers in Tunisia?
UK Heatwave: Temperatures on the tube are going to exceed the legal limit for transporting cattle

Just when you thought your commute couldn't get any worse...

Heatwave will see temperatures on the Tube exceed legal limit for transporting cattle
Exclusive - The Real Stories of Migrant Britain: Swapping Bucharest for London

The Real Stories of Migrant Britain

Meet the man who swapped Romania for the UK in a bid to provide for his family, only to discover that the home he left behind wasn't quite what it seemed
Cheaper energy on the way, but it's not all sunshine and rainbows

Cheaper energy on the way, but it's not all sunshine and rainbows

Solar power will help bring down electricity prices over the next five years, according to a new report. But it’s cheap imports of ‘dirty power’ that will lower them the most
Katy Perry prevented from buying California convent for $14.5m after nuns sell to local businesswoman instead

No grace of God for Katy Perry as sisters act to stop her buying convent

Archdiocese sues nuns who turned down star’s $14.5m because they don’t approve of her
Ajmer: The ancient Indian metropolis chosen to be a 'smart city' where residents would just be happy to have power and running water

Residents just want water and power in a city chosen to be a ‘smart’ metropolis

The Indian Government has launched an ambitious plan to transform 100 of its crumbling cities
Michael Fassbender in 'Macbeth': The Scottish play on film, from Welles to Cheggers

Something wicked?

Films of Macbeth don’t always end well - just ask Orson Welles... and Keith Chegwin
10 best sun creams for body

10 best sun creams for body

Make sure you’re protected from head to toe in the heatwave
Wimbledon 2015: Nick Bollettieri - Milos Raonic has ability to get to the top but he must learn to handle pressure in big games

Nick Bollettieri's Wimbledon files

Milos Raonic has ability to get to the top but he must learn to handle pressure in big games
Women's World Cup 2015: How England's semi-final success could do wonders for both sexes

There is more than a shiny trophy to be won by England’s World Cup women

The success of the decidedly non-famous females wearing the Three Lions could do wonders for a ‘man’s game’ riddled with cynicism and greed
How to stop an asteroid hitting Earth: Would people co-operate to face down a global peril?

How to stop an asteroid hitting Earth

Would people cooperate to face a global peril?
Just one day to find €1.6bn: Greece edges nearer euro exit

One day to find €1.6bn

Greece is edging inexorably towards an exit from the euro
New 'Iron Man' augmented reality technology could help surgeons and firefighters, say scientists

'Iron Man' augmented reality technology could become reality

Holographic projections would provide extra information on objects in a person's visual field in real time
Sugary drinks 'are killing 184,000 adults around the world every year'

Sugary drinks are killing 184,000 adults around the world every year

The drinks that should be eliminated from people's diets
Pride of Place: Historians map out untold LGBT histories of locations throughout UK

Historians map out untold LGBT histories

Public are being asked to help improve the map