Orange UK to Roll Out Large Scale NFC Mobile Payments Service
Published on: 27th Jan 2011
Note -- this news article is more than a year old.
Orange UK is to roll out a large scale launch of NFC based mobile payments in cooperation with Barclays Bank. The roll out is due to be ready for commercial launch in the second quarter of this year, and will involve some 40,000 retail stores at inception.
Barclaycard and Orange originally announced their strategic partnership to bring contactless mobile payments to market in 2009.
Commenting on the announcement, Gerry McQuade, Chief Development Officer, Everything Everywhere (the parent company of Orange), said: "This is the beginning of a revolution in how we pay for things on the high street. It's a cultural shift that is as important as the launch of the personal credit card or ATMs.
"We're making something that's been talked about for many years a reality and very soon, using your mobile to buy a sandwich, a cinema ticket or in time, even something bigger like a computer will simply be the norm.
The new contactless mobile payment technology has been developed to ensure customers' transactions and personal data will be protected and secure. The launch proposition will focus on an industry backed, SIM-based approach to payments ensuring enhanced security for customers, as well as to initially provide a single point of customer care contact. MasterCard will provide the payment capability for the contactless mobile transactions.
Contactless mobile phone payments will feature as part of the wider Orange portfolio of products, developed in conjunction with Barclaycard, and which already features a contactless co-branded credit card as well as the forthcoming contactless Orange Cash prepaid payment card.
The move builds on existing contactless payment technology with 11.6m contactless credit and debit cards already in circulation, of which over 10m have been issued by Barclaycard and Barclays. There are also already 42,500 live Barclaycard contactless terminals in retail outlets including Pret a Manger, EAT, Little Chef and, soon, Co-Op.
Further details on the roll out will be made in the forthcoming months.