Today Barclaycard has unveiled their new NFC payment service called PayTag, which uses a sticky backed plastic square to provide you with the ability to pay for goods via Near Field Communication (NFC).
The new PayTag service has been created by barclaycard to bring the NFC technology and payments to the masses, by allowing them to transform any handset into a NFC device by simply applying the NFC sticker to the back of their smartphone. Watch the video after the jump to see PayTag in action.
The new PayTag system is now available to Barclaycard Visa cardholders at no additional cost, the PayTag sticker can be attached to the back of any smartphone allowing users to make tap-to-pay purchases up to the value of £15 at a variety of UK retailers including Waitrose, McDonalds, Tesco, EAT and Boots. CEO of Barclaycard Consumer Europe, David Chan explains:
“Today, we are offering the choice of mobile payments to millions of our customers at no additional cost to them,”-“More than half of us say that the item we’re most lost without is our mobile phone , so we’re giving people the option of using them to make easy, convenient, everyday payments without the need to upgrade their current handset.”