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Barclaycard welcomes government mobile payment guidelines

Barclaycard has welcomed guidelines from the government to prevent criminals abusing contactless mobile payments.

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28 August 2009

Barclaycard welcomes government mobile payment guidelines”

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Barclaycard has welcomed guidelines from the government to prevent criminals abusing contactless mobile payments.

The credit card provider is currently trialing mobile payments which will allow consumers to purchase items without entering their pin using their contactless debit or credit card or mobile.

According to Barclaycard, it has been working with Orange this year on making mobile payments a reality for millions of customers.

The government has implemented guidelines stating any transaction above the maximum contact payment value will have to be verified with a pin code.

Contactless payment technology is currently available with some Barclaycard platinum, OnePulse and Goldfish credit cards.

Those who have the credit cards can pay for items under £10 at stores such as Pret A Manger, EAT and National Trust without having to enter their pin.

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Credit Cards	0% Balance Transfers	0% Purchases	APR Representative (Variable)
	Tesco ClubCard Credit Card
	9 months	15 months	16.9^%
16.9% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.9% p.a(variable).
	Virgin Credit Card
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16.8% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.8% p.a(variable).
	Barclaycard Platinum with BT
	22 months	3 months	17.5^%
17.5% APR representative (variable). Based on a credit limit of 1200 and purchase rate 17.5% p.a(variable).
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