Tag: bPay

NFC mobile payments enabled through smartphone case

The bPay compatible product has been designed to make this service available to a larger number of devices.

Case Station, a manufacturer of smartphone cases, has now created a product that enables NFC mobile payments. This product has integrated with the bPay contactless payments from Barclaycard. The goal is to make it possible for people whose smartphones are not equipped with near field communication to use the technology.

NFC mobile purchases can be done with a quick tap of a smartphone at contactless checkout terminals.

Though a large number of companies have offered NFC mobile payments transaction options, the number of smartphone users who have the technology for these services are in the minority. After all, without an NFC technology chip, the device simply isn’t compatible.

NFC Mobile Payments - Smartphone CaseA statement from Barclaycard explained that “All the Case Station cases have been created to discreetly hold a small bPay contactless chip, which will allow users to make touch and go payments for £30 and under (US$39.73) easily and quickly without fumbling for cash or entering a PIN wherever they see the contactless symbol.”

With the NFC mobile payments compatible case, even a phone without the tech can be made compatible.

The payment giant went on to say that the Android and iOS apps for the mobile payments service will not only allow transactions to be completed but also tracked. The bPay chip is connected to a mobile wallet which can be used by consumers with Visa or MasterCard debit or credit cards registered in the United Kingdom.

In this way, consumers can add funds to their mobile wallets by way of the app or online via the bPay website. They can also take advantage of an automatic top-up function which will add funds to the mobile wallet whenever that balance drops below a chosen level.

The Case Station product is technically a smartphone protector case. They are compatible with smartphone models from the LG, Samsung Galaxy and iPhone lines. They also contain the NFC mobile payments chip necessary to use near field communication transactions. They are being sold in a range of different color and pattern options to make them attractive as well as functional.

Barclays is expanding its reach in mobile payments

Barclays intends to establish a stronger position in the UK mobile payments scene

Barclays, a leading financial institution, has announced plans to expand its mobile payments initiative in the United Kingdom. Last year, the company launched its own wearable device, which can be used to make contactless payments. Called bPay, the device has found some favor among consumers in the UK, and Barclays now plans to launch more options that will help mobile payments become more mainstream. The company intends to update its wearable device, as well as provide consumers with key fobs and stickers that can initiate a transaction.

Companies are seeing promising opportunities in the mobile industry

Like other companies, Barclays has seen a great deal of promise in the mobile payments sector. Several telecommunications companies have begun entering into this space, as well as technology companies like Apple and Samsung. In order to compete with such large companies, Barclays is working to improve its mobile payments solutions. Apple is expected to launch its new mobile payments service in the UK next month and Barclays intends to compete with the service and vie for the attention of mobile consumers throughout the country.

Cashless payments have overtaken traditional transactions in the UK

Mobile Payments - BarclaysAccording to the UK Payments Council, cashless payments have not overtaken the use of traditional currency. Consumers throughout the UK have shown favor for using their smartphones, tablets, and wearable devices to make payments. These devices represent a more convenient way to shop for and purchase products, especially online. While relatively few merchants accept mobile payments in physical stores, this is becoming more common because of companies like Barclays that are making contactless transactions possible.

New solutions will give Barclays a fighting edge

Barclay’s new key fob and stickers will act as a type of contactless bank card, allowing consumers to pre-load these solutions with funds. Funds can be added online or via a mobile application. Consumers can have several of these solutions and manage them separately. The new solutions may help Barclays better compete with other companies that have muscled into the UK mobile payments industry.