Barclays Unveil Stick On Credit Card

Barclays Unveil Stick On Credit Card.

The latest barrage in the bid to launch a digital wallet has been unveiled - with a mini, stick-on credit card.  The card is a wafer thin sheet with a sticky back that you can attach to your wallet, mobile phone etc and use touch technology for minor purchases.

Barclays is hoping that UK customers will attach the card to their mobile phones and use them at "contactless" terminals for everyday purchases.  So far, contactless payment is permitted at stores including Tesco, Boots, Pret a Manger and Eat.  This wave-and-pay technology has been in place for a few years.  It allows cardholders to spend up to £15 at certain stores, without entering a Pin.

The Barclaycard PayTag is being offered to a group of customers who will receive letters in the next few days.  It will be sent without charge to customers who request it and will come in addition to their regular credit card.

Some users may worry that a card visibly stuck to the back of their phone makes it more attractive to thieves.  But if a card is used fraudulently, banks have promised to make refunds without question.