Barclays to launch its own contactless payment app
Barclays Bank is set to launch its own mobile payments app for Android phone users in the UK as an Android Pay alternative.
The service, which is expected to go live in June this year, will allow users to ‘wave and pay’ in shops, restaurants and across the London transport network.
The service can be set up within Barclays’ mobile banking app that is used by five million customers.
The new mobile payments service will allow users to make contactless payments with devices up to £30. For making payments of over £30, users will have to enter their card’s PIN into the keypad.
The bank said both credit and debit cards can be used for the new service.
Barclays UK CEO Ashok Vaswani said: “Giving customers the choice about how to make everyday payments while making it really easy for people to use our services is why we’ve designed this new contactless payment functionality which will sit at the heart of our already popular mobile banking app.
“It’s all there, in one place, ready to go with no need to enter card details, delivering a brilliant experience in an instant.”