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"Greater numbers of users get contactless credit cards"

By admin | July 3rd, 2009 | Credit Cards

According to a recent report a greater number of users are getting access to contactless credit cards, which are plastic cards that can be used to make payment for purchases to the value of £10 or under without any signature required and without a PIN having to be put in.

An announcement was recently made by the banking giant Barclays, which has stated that it will be issuing its contactless credit cards to more of its Barclaycard Gold and Classic credit card customers.

Officials from Barclays have reported that a massive 88 percent of people that have been using the contactless cards have said that they saved time when making purchases by not having to worry about putting in their PIN or signing a receipt.

An even greater percentage – 98 percent – said that they found the contactless credit cards very easy to use and that they were convenient to use when paying for small, low cost items such as a cup of coffee, a sandwich, and other sundries.

The contactless credit card system has been trialled by a number of popular retailers recently, and one of the latest to join in the revolution and trial the system is the High Street giant Boots, which has so far given positive reports with regards to the success of the system within its stores.

An official from Barclaycard recently stated: “Barclaycard is leading the UK’s contactless payment revolution. In three years we will have an additional four million customers who will be able to make payments using their contactless card.”

At present there are said to be around two million plastic cards in circulation which can be used to make contactless payments without the need to PIN entry or signature, and this number could grow if the popularity of these cards continues.

Tags: barclaycard, chip and pin, contactless credit cards, Credit Cards

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