Barclaycard PayTag allows users to virtually pay with any handheld device using a contactless payment terminal.

Barclaycard, part of Barclays Retail and Business Banking, is a leading global payment business that is at the forefront of developing viable contactless and mobile payment methods. The company has recently introduced its stick-on credit card called PayTag, which allows users to make payments with their mobile phones. The Barclaycard PayTag is essentially an extension of a customer’s credit card account. Once attached to the device, it can be used to make payments of £15 and under, rising to £20 in June, by simply being held over a contactless payment terminal. Available to only Barclaycard Visa cardholders, the PayTag is reloadable online via Barclaycard’s mobile payments application — the Quick Tap wallet.

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