Barclays launches PayTag
18 April 2012
NFC tag stuck to the bottom of your phone for convenient contactless payments
Barclays bank has launched PayTag, an NFC tag that allows you to make contactless payments of under £20 direct from your Barclays credit card.
The PayTag is a smaller, sticky brother of the existing NFC-enabled Barclaycard.
Barclays recently launched PingIt, an smartphone app which allows customers to send payment of £10 or less via text using their phone.
The NFC tech in the PayTag is has been in use in Barclaycards since 2007, with over 100,000 contactless payment terminals across the UK.
Once attached, the PayTag can make payments of £15 and under, rising to £20 in June, simply by being held close to these terminals.
Phones that have NFC chips can also make contactless payments without the PayTag via Barclaycard’s Quick Tap mobile app, available to Orange customers.
Originally only for Barclays credit or debit card holders, QuickTap is now open to cardholders from all UK banks on the Orange network.