Contactless Wristband Will Take The Place Of The Credit Card
Barclays bank is introducing a wearable payment device called the bPay band.
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.