Barclaycard has launched a credit card which allows cashless payments plus an in-built Oyster card for travel around London.
The ‘wave and pay’ technology on the OnePulse card can be used to buy every day items that cost less than £10, such as a coffee or a newspaper, by touching the card on a special OneTouch reader.
A transaction won’t usually require a Pin number (although Barclaycard says that occasionally you may be asked to enter your it) and if you want a receipt the retailer will be able to supply one.
There are no limits on the number of transactions allowed so long as they are under £10 and stay within the user’s credit limit. They then appear on the regular monthly statement.
Among the companies accepting OneTouch payments are Books etc, Coffee Republic, Eat, Krispy Kreme, Thresher and Yo! Sushi.
The card also includes an Oyster card for travel in the capital on the tube, buses, trams and the Docklands Light Railway.
The OnePulse card also works like an ordinary credit card for purchases over £10 and all normal credit card and OneTouch transactions are debited directly from a customer’s Barclaycard. OneTouch payments will appear with an asterisk on monthly statements.
Elizabeth Chambers, chief marketing officer of Barclaycard, said: ‘Cashless payments are starting to become a reality. They’re fast, secure, and a fantastic way to streamline your day – no more waiting in queues to pay for small ticket items.’
Barclaycard has launched a pre-registration website that explains more about the card.