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Barclays 'committed to contactless payment'

Barclays \'committed to contactless payment\'
Consumers are not only seeking the best credit card deals, but also contactless payment options, it has been suggested.

Amer Sajed, chief executive of Barclaycard UK, said consumer feedback highlights "the increasing demand" for contactless payment.

With this in mind, more retailers and service providers are likely to embrace such services in the near future, he suggested.

Mr Sajed was speaking after Barclays and Barclaycard announced that they now have five million contactless-enabled cards in use across the UK.

He stated: "[This] is a significant milestone on the journey of how people will pay for goods and services in the future.

"Together with Barclays we continue to rollout contactless technology across our card portfolio as we believe it is the future of payments."

Caffe Nero and Pret A Manager are among the high street chains already allowing customers to pay using the new swipe technology.ADNFCR-2088-ID-19505788-ADNFCR

Moneyextra.com recommends you take independent financial advice before acting on any article

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2009-12-10 14:22:55 © Moneyextra.com

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