
Barclaycard and Orange to launch an NFC based mobile payment service in the U.K. later this year.
Network operator Orange and card company Barclaycard are to roll out an NFC (near field communication) contactless mobile payment solution across the UK “by the end of 2010” say execs at the card company as the industry tries again to get the infrastructure out into the market.
Orange and Barclaycard will launch new co-branded products and services to make the buying process more convenient, simpler and faster. The companies are also hoping that their combined 28 million customer base will this time swing public opinion – and that of the merchants who have to install the readers – to get behind NFC.
Customers will be able to use their mobiles to pay for goods and services at retailers by waving their handset against a reader.