16:34 19 April 2012
Barclaycard have announced the launch of their new way to pay, the PayTag, which lets you pay for items with your mobile phone.
Millions of Barclaycard customers will be given the chance to make payments with any mobile device by simply sticking a PayTag to the back of their handset.
After attaching the extra card, cardholders will be able to use them at contactless terminals up to the value of £15, without entering a PIN code.
According to David Chan, CEO of Barclaycard Consumer Europe, the PayTag will make everyday payments easier and more convenient:
"More than half of us say that the item were most lost without is our mobile phone, so were giving people the option of using them to make easy, convenient, everyday payments without the need to upgrade their current handset.
This news comes just days after experts warned over the security behind the growing number of cash-less payment systems.
However, Barclaycard say that the technology is safe and secure, and comes with the same 100 per cent fraud protection as any Barclaycard.
An exclusive group of customers will be invited to receive their Barclaycard PayTag in the coming weeks, before they are offered to millions of Barclaycard customers later in the year.
So far, contactless payment is permitted at stores including Tesco, Boots, Pret a Manger and Eat.
For more information and to register your interest in the Barclaycard PayTag, visit barclaycard.co.uk/paytag
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