Compare Credit Cards with CardSmart

New ways to pay in 2013: How mobile and contactless technologies are changing the way we pay

There are many new ways to pay for purchases with the technology you use every day. From mobile phone ewallets, to contactless cards and nearfield chips, cash payments are becoming a thing of the past. Interested in how the latest technology can change the way you pay?

More from Understanding Credit Cards
19 March 2013

Image for guide: New ways to pay in 2013: How mobile and contactless technologies are changing the way we pay

New ways to pay in 2013

Mobile and contactless technology is transforming the way we pay- and making life easier!

Contactless cards

Contactless cards are set to revolutionise the way we pay for purchases, from coffee and newspapers, to groceries and transport. “Tap and go” payment systems, as they are also known, are cashless, and allow you to pay by simply tapping your credit or debit card across a special till reader, without having to enter your pin. You can pay for purchases up to £20 in value, but this limit is set to increase. The cards are now available from mot major high street banks, including Barclays and Lloyds, and are available for both debit and credit cards. Tap and go cards are quick and easy, and thousands of retailers already accept them. With many more set to adopt the technology this year, contactless cards are rapidly establishing themselves as the future of retail payments.


Have you ever wished that your current account was linked with your mobile phone? With Barclay’s Pingit app, this is now a reality. Anyone can register and use the app to send up to £750 a day using their mobile phone, without having to login to online banking or share anything other than your mobile phone number. It’s quick and easy, and available to everyone (not just Barclay’s customers). Pingit is secure, and doesn’t share your account details with anyone, and is quick and easy, making it a great option for sending cash to friends and family.

Near field solutions

Turning your phone into a payment device has been touted as the next big thing by retailers and mobile phone manufacturers. Using near field chip technology, any phone can be turned into a contactless payment device, and be used just like a contactless card in any retailer that accepts them. The only drawback is that you have to attach the chip to your phone yourself, but they are ideal if you are on the go and don’t want to have to rummage around for change when making a quick purchase.

e-wallet solutions/mobile device solutions

E-wallet technology has been around for a while, but is seeing an increase in popularity since many mobile networks, like O2, and even Google, have launched e-wallet smartphone apps. E-Wallets allow you to set a master password, and access your bank details, credit cards, and other important information all in one place on your phone. The apps allow users to upload money from their debit card, with cash, or by text message, and sync it directly with your e-wallet account. Once the transfer has been made, you can pay for almost anything using your phone! More than 100 retailers have already signed up to the service, and there are even plans to add an option for buying train tickets instantly in the works.

These new payment options are secure, reliable, and fast, and are revolutionising the way we pay. Compare credit card options now to find the right card for you >>

Best Buy Credit Cards

Credit Cards Balance Transfers Purchases APR Representative (Variable)
Tesco ClubCard Purchases Credit Card Logo Tesco Bank Logo Tesco ClubCard Purchases Credit Card Apply
9 months
2.9% fee
18 months
Representative Example: The annual purchase rate is 16.9% p.a (variable) so if you spend £1200 your representative apr will be 16.9% p.a (variable)
Barclaycard Platinum With BT (27 Mths) Logo Barclaycard Logo Barclaycard Platinum With BT (27 Mths) Apply
28 months
3.5% fee
6 months
Representative Example: The annual purchase rate is 18.9% p.a (variable) so if you spend £1200 your representative apr will be 18.9% p.a (variable)
Compare More Credit Cards...


Some important information about this page

The content and information on this website are intended as general information only and shall not be construed as financial advice or recommendations of any nature in accordance with the Financial Services and Markets Act 2000 nor is it intended to address specific financial requirements. We strongly recommend that you seek independent financial advice before using and/or relying on the information made available to you or prior to purchasing any financial product/service listed on the Website. Whilst every attempt has been made to ensure that the content and information published are true, correct and up to date, no warranty, guarantee or representation is given as to its accuracy, reliability or fitness for a specific purpose.

The Best Buy credit card comparison tables feature financial products/services of our advertisers and may not necessarily constitute the best offers in the market for each of such products/services.

Copyright © CardSmart Ltd 2009 - 2013. All Rights Reserved | Privacy Policy | Terms

"CardSmart" and the CardSmart logo are registered trademarks of Smart Online Marketing Ltd. Company registration no: 08430745