Ben
27th January 2011, 11:42 AM
Everything Everywhere and Barclaycard have partnered for the UKs first contactless payment solution launch allowing consumers to pay for products using a mobile phone.
The solution, due to launch this summer, will be first available on Orange enabled handsets and will then roll out to its joint venture partner T-Mobile.
Barclaycard and Orange announced their strategic partnership to bring contactless mobile payments to market in 2009. The latest move will be the biggest revolution in payments since credit cards were introduced in the UK by Barclaycard over 40 years ago, the pair said today (27 January).
The two companies will work with handset manufacturers to enable customers to use their mobiles to pay for goods and services at more than 40,000 retailers by waving their phone against a contactless reader using near field communication (NFC) technology. Nokias C7 handset, the Google Nexus S and Apples iPhone 5 [due to launch this summer) feature the technology.
The launch proposition will focus on an industry backed, Sim-based approach to payments with enhanced security for customers. Meanwhile, MasterCard will provide the payment capability for the contactless mobile transactions.
Contactless payments will feature as part of the wider Orange portfolio of products developed in conjunction with Barclaycard, which already features a contactless co-branded credit card as well as a forthcoming contactless Orange Cash prepaid payment card.
There are already 42,500 live Barclaycard contactless terminals in retail outlets including Pret a Manger, EAT, and Little Chef.
Everything Everywhere chief development officer Gerry McQuade said: This is the beginning of a revolution in how we pay for things on the high street. Its a cultural shift that is as important as the launch of the personal credit card or ATMs.
Were making something thats been talked about for many years a reality and, very soon, using your mobile to buy a sandwich, a cinema ticket or, in time, even something bigger like a computer will simply be the norm.
As Britains biggest communications company, were proud to be delivering this technical and cultural innovation to the UK through the Orange brand. Orange and Barclaycard customers will be the first to be able to use their mobiles to make payments on the high street wherever contactless payments are accepted. This is part of our wider strategy to re-define what people use their mobiles for, with mobile payments being the start.
Barclaycard Consumer Europe CEO David Chan said: Barclaycard is well known as a leader in helping consumers and businesses to make and take payments in their everyday lives. Finding new and better ways of doing this is what drives us, so its exciting, with Orange, to be giving consumers in the UK the choice to make contactless payments on their mobile phone as well as their card. Barclaycard is going to lead the innovation and explosive growth youll see in mobile payments.
I believe that future generations will find it surprising that early this century we were still carrying separate items to buy goods and to communicate with each other. As payment experts, our role is to make it easier, more convenient and incredibly secure for people to make purchases and manage their money while on the move.
http://www.mobiletoday.co.uk/News/10702/Everything_Everywhere_and_Barclaycard_to_launch_UK s_first_contactless_payments.aspx
The solution, due to launch this summer, will be first available on Orange enabled handsets and will then roll out to its joint venture partner T-Mobile.
Barclaycard and Orange announced their strategic partnership to bring contactless mobile payments to market in 2009. The latest move will be the biggest revolution in payments since credit cards were introduced in the UK by Barclaycard over 40 years ago, the pair said today (27 January).
The two companies will work with handset manufacturers to enable customers to use their mobiles to pay for goods and services at more than 40,000 retailers by waving their phone against a contactless reader using near field communication (NFC) technology. Nokias C7 handset, the Google Nexus S and Apples iPhone 5 [due to launch this summer) feature the technology.
The launch proposition will focus on an industry backed, Sim-based approach to payments with enhanced security for customers. Meanwhile, MasterCard will provide the payment capability for the contactless mobile transactions.
Contactless payments will feature as part of the wider Orange portfolio of products developed in conjunction with Barclaycard, which already features a contactless co-branded credit card as well as a forthcoming contactless Orange Cash prepaid payment card.
There are already 42,500 live Barclaycard contactless terminals in retail outlets including Pret a Manger, EAT, and Little Chef.
Everything Everywhere chief development officer Gerry McQuade said: This is the beginning of a revolution in how we pay for things on the high street. Its a cultural shift that is as important as the launch of the personal credit card or ATMs.
Were making something thats been talked about for many years a reality and, very soon, using your mobile to buy a sandwich, a cinema ticket or, in time, even something bigger like a computer will simply be the norm.
As Britains biggest communications company, were proud to be delivering this technical and cultural innovation to the UK through the Orange brand. Orange and Barclaycard customers will be the first to be able to use their mobiles to make payments on the high street wherever contactless payments are accepted. This is part of our wider strategy to re-define what people use their mobiles for, with mobile payments being the start.
Barclaycard Consumer Europe CEO David Chan said: Barclaycard is well known as a leader in helping consumers and businesses to make and take payments in their everyday lives. Finding new and better ways of doing this is what drives us, so its exciting, with Orange, to be giving consumers in the UK the choice to make contactless payments on their mobile phone as well as their card. Barclaycard is going to lead the innovation and explosive growth youll see in mobile payments.
I believe that future generations will find it surprising that early this century we were still carrying separate items to buy goods and to communicate with each other. As payment experts, our role is to make it easier, more convenient and incredibly secure for people to make purchases and manage their money while on the move.
http://www.mobiletoday.co.uk/News/10702/Everything_Everywhere_and_Barclaycard_to_launch_UK s_first_contactless_payments.aspx