Payments 2.0
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Payments 2.0
Digital wallet, Mobile payments, Contactless payments, NFC payments, Mobile wallet, Mobile POS, Bill payments, Bitcoin, Virtual currency
Curated by Therese Torris
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20% contactless payments at UK fast food chain Pret A Manger

20% contactless payments at UK fast food chain Pret A Manger | Payments 2.0 | Scoop.it
UK sandwich chain Pret A Manger is singing the benefits of contactless payments having experienced a surge in uptake by customers over the past year.
Therese Torris's insight:

I've read that some people doubt the validity of the 20% number. I must say I'm skeptical too. A record rather?

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Finextra: Barclaycard rolls out contactless stickers

Finextra: Barclaycard rolls out contactless stickers | Payments 2.0 | Scoop.it

The free PayTag stickers, around a third of the size of a credit card, are currently being offered to selected customers, who can link them to their main accounts. A full roll out to millions more people will follow later this year.

Customers attach the stickers to their handsets and can then make payments of up to £15 (rising to £20 in June) at retailers that accept the technology with a tap against a terminal.

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A critical view of Barclays' PayTag by Simon Andrews

A critical view of Barclays' PayTag by Simon Andrews | Payments 2.0 | Scoop.it

"...In an attempt to accelerate the use of NFC, Barclaycard have launched PayTag,
promising to turn your mobile into a new contactless way to pay. This sounds
great until you realise it's just a slightly smaller credit card (containing a
NFC chip) that you stick onto your phone. Or anything else you want to stick it
onto... We're always pushing innovation and plan to use the card to create Umbrella
Commerce. Just wave your umbrella over the McDonalds contactless reader and you
can pay for your Big Mac with your brolly.

It's rather pointless..."

 

Comment: I love the pun "umbrella commerce"

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