menu

Contactless Wristband Will Take The Place Of The Credit Card

Contactless Wristband Will Take The Place Of The Credit Card
technology

Barclays bank is introducing a wearable payment device called the bPay band.

Leah Gonzalez
  • 16 june 2014

Financial services company Barclays has unveiled a new wearable payment system that lets people make purchases without the need for cash or for a credit card or debit card.

The system is basically a silicon-made, wearable contactless wristband called bPay band, which works using the same contactless payment technology that’s being used in the company’s credit and debit cards.

The company’s Barclaycard division Barclaycard first launched the contactless card in 2007. Users with bPay cards can pay for items up to £20 by tapping or scanning their card at a contactless terminal. bPay bands can be used at retailers that have the contactless symbol.

Barclaycard-bPay-band-1.jpg

Barclaycard hopes that the new wearable payment system will increase the number of cash-free transactions.

The company is also making the wristbands available not just to their customers but to the majority of all UK card users with any Visa or MasterCard credit or debit card. The bPay bands are free of charge and users can add money to their bands with their Visa or Mastercard by going to the bPay band site. They can also set up the auto top-up feature and the amount will be deducted from their registered card.

New users need to “wake up” their bPay bands or activate them through the website. Users can load a minimum of £25 on their first load and £5 after. They can load a maximum of £100 each time, up to four times per day, as long as the ending balance doesn’t go over £200.

Barclaycard-bPay-band-2.jpg

The company plans to roll out the bPay band this year during their sponsored events and will conduct a wider launch next year. Barclaycard will be distributing the bands during events like this year’s British Summer Time music festival.

Barclaycard also expects that the bPay bands will also be used in other ways, such as allowing wearers entry into sports and music events or festivals. Event-goers with bPay bands will be able to load their tickets and top up the credit on their bands – allowing them fast-track entry into the event.

Barclaycard

[h/t] The Telegraph

technology
Trending

Lyft Gives Free Rides To Those Who Have Had Too Much To Drink

Advertising
Experiential Marketing Today

UNICEF’s ‘Time Machine’ Tells Stories With Data

An experiential installation at the UN General Assembly reminds us why every child matters

Design & Architecture Today

Watch The World’s Tallest Building Become An LED Display

Burj Khalifa gives a backstage look at how the transformation came to be

Trending

Get PSFK's Related Report: Future of Automotive

See All
Travel Today

Boeing Wants To Make Your Flight Better With Cloud And Star Projections

The manufacturer is trying to patent a projection system that would allow them to project images onto a plane's interior surfaces

Latin America Today

Colombians Teach Dance To Fund Students’ Education

Chocó to Dance is a platform that shows you how to replicate popular Latin dances to help create scholarships for local students

Related Expert

Gunther Sonnenfeld

Social Listener, Multi-Platform Storyteller

Work Today

Editorial Roundtable: What A People-First Workplace Must Prioritize First

Managed By Q, Soma, Workbar, Primary, AltSchool and thinkPARALLAX on why employee fulfillment is a journey and not a destination

Culture Today

Brand Engagement At The Gates Of The World’s Largest Open-Air Gallery

Tiger Beer and a neighborhood-minded nonprofit celebrate and promote New York's creative spirit by beautifying 100 security gates

Automotive Today

Bike-Share Program Helps Students Save Money And Get To Class On Time

Zipcar and Zagster are creating sponsored programs across 500 U.S. college campuses

PSFK LABS REPORT

Future Of Automotive
Scenarios Driving The Digital Transformation Of An Industry
NEW

PSFK Op-Ed Yesterday

Why Building Better Offices Is The Key To Employee Engagement

Interaction Designer and Audio-visual Technologist at ESI Design illustrates the value in creating environments filled with surprise and delight

PSFK Labs Today

Modern Workplace Culture: No More Fat Cats Or Kissing Ass

Samar Birwadker, CEO & Co-Founder of Good & Co, on designing shared organizational values to optimize employee happiness and success

Technology Today

How Technology Can Save The World By Saving Time

PSFK attends the Social Good Summit 2016 to see how new tech is changing the world for the better

Advertising Today

Lancôme’s Newest Campaign Stars A Domestic Abuse Survivor

Rosie Batty is the new face of the Love Your Age series, and is using the platform to bring awareness to a prevalent and deadly problem

Travel Today

Marriott’s Gravity Room Installation Gives Travelers A New Perspective

The luxury hotel chain's #MGravityRoom invites visitors to snap and share pictures of its inverted set up

Fitness / Sport Today

Shoe-Worn Device Helps Kids Perfect Their Soccer Kick

A new wearable helps youth players improve their placement skills and technique

PSFK LABS REPORT

Future Of Work
Cultivating The Next Generation Of Leaders
NEW

Syndicated Yesterday

Banned Books Week Urges People To Seek Out Controversial Works

Joining the annual celebration of the right to read, US author Jessica Herthel called for 'more information, more voices' to protect diversity

Augmented & Virtual Reality Yesterday

Outdoor Camp Presented In 360° VR By X Games Gold Medalist

The video features campers riding BMX trails, zip lining through the woods, and performing big-air jumps

No search results found.