Five Questions About: Contactless payments

Clare Francis
Saturday 21 May 2011 00:00 BST
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

What is contactless?

A next-generation payment system. Just as cheques, then credit, then debit cards offered alternatives to paying with cash, contactless or "wave and pay" does the same. Rather than having to key in your Pin when making a payment, you hold the card to a reader as authorisation.

Do I have contactless technology?

You may do. Barclays is the first high street bank to roll out contactless cards to all of its customers, with all new debit and credit cards having the capability. Also, all credit cards issued by MBNA are contactless. However, most other card providers are still rolling out or testing the system.

How do I know if I can pay with contactless cards?

Look for the contactless "wave" symbol, which will be displayed on your card.

Can I buy anything using contactless cards?

They are not accepted everywhere and the most you can spend in a single transaction is £15. The number of stores accepting the method is growing, however. You can pay by contactless at Boots, Clinton Cards, Caffé Nero, Pret, Eat, Subway and Ikea. It will be accepted in all McDonald's restaurants by the end of this month.

What does the future hold?

Yesterday Barclays and Orange launched the UK's first contactless payments through a mobile phone. Barclaycard holders and Barclays debit card customers can now simply tap their phone on a terminal to make payments of up to £15. Most of us will soon be able to "wave and pay" using similar smartphones. Lloyds, for instance, is current running a pilot project which it plans to roll out to customers later this year.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in