Around the Net
Barclays Trials Wearable Payment Bands
- The Drum, Monday, June 9, 2014 10:55 AM
Barclays is moving into wearables via an experimental contactless payment wristband. The bPay bands will allow users to make payments at 300,000 terminals in the UK and enter events, and will be rolled out for the British Summer Time music festival this year before a more public launch in 2015. The bands will use the same technology present in existing credit and debit cards and will be free to users, although merchants are expected to pay a small fee.
