bPay by Barclaycard, the range of wearable contactless payment devices, has agreed two new partnerships that will see the payment technology embedded in jewellery and watches sold in retailers across the UK.
These will accompany bPay’s proprietary range of devices – a wristband, fob, sticker and loop – and compliment other existing retailer partnerships that see bPay technology powered by Visa embedded within bespoke fashion jewellery and mobile phone cases, with expanded availability.
The first partnership is with DCK Group – one of the world’s leading high street fashion jewellery retailers, operating with over 15 retailers in 33 countries – to embed bPay contactless payment technology in a new range of jewellery items. DCK is behind the concession jewellery offered in some of the UK’s leading high street retailers, and the partnership will see payments technology introduced into some of the most exciting and on trend jewellery styles on the high street.
The second is with Tappy Technologies Limited – a pioneer payment technology brand, which embeds payments functionality into watches, instantly transforming traditional timepieces into a wearable contactless payment device. Through agreements with a diverse range of highly respected fashion brands, Tappy will bring the ease, speed and convenience of contactless payments to watches available in retailers across the UK.
The new wearables will be exhibited at the Visa booth at Mobile World Congress in Barcelona from March 27th in Hall 4, Booth 4B20.
Full details on the products to have contactless included, the retail stores and price ranges will be confirmed in due course.
Following the successful introduction of the UK’s first contactless card, OnePulse, in 2007, Barclaycard and Visa worked together on expanding availability of the technology into wearables, leading to the bPay range of devices being launched in 2015. Since then, 6.6m spend has been made across 1.1m transactions.
Tami Hargreaves, Commercial Director, Digital Consumer Payments at Barclaycard, said:
“bPay was designed to meet customer demand for a new easy and convenient way of paying for everyday goods and services. Thanks to the huge growth we are seeing in contactless payments, consumers are looking for even more convenience when it comes to paying and these partnerships show how the worlds of fashion and technology can combine to provide consumers with quick, easy and convenient ways of making secure payments for £30 and under.”
Kevin Jenkins, Regional Manager for the UK and Ireland at Visa said:
“Today’s announcement is another example of Barclaycard and Visa co-development in an ongoing, multi-year programme of investment in innovation and infrastructure. We are delighted to go into this next phase of wearable expansion as part of our continuing efforts to give consumers safe, secure and easy ways to purchase the items they want with tech that fits their lifestyle.”
Mr. Wayne Leung, Founder and Chief Executive Officer of Tappy, said:
“It is an honour for Tappy to be recognized as a ‘wearable program partner’ of Visa and Barclaycard under this significant strategic partnership. Supported by its existing global customer network and influenced by the brand effect of Visa and Barclaycard, Tappy’s solution will open new horizons for the traditional watch & jewellery industry. Tappy’s open source solution is now readily available for all the brands”
Notes to editors
bPay is available to anyone with a UK-registered Visa or MasterCard debit or credit card, not just Barclaycard and Barclays customers, and users add funds to their digital wallet ‘on the go’ using the mobile app, online through a brand new portal, or set their account to top-up automatically when their balance falls below a pre-set level.
For more information please contact Tom Foxton on 07880 184381 or [email protected].
Barclaycard, part of Barclays Bank PLC, is a leading global payment business that helps consumers, retailers and businesses to make and take payments flexibly, and to access short-term credit and point-of-sale finance. In 2015 we processed over £293bn in transactions globally. Barclaycard is a pioneer of new forms of payment and is at the forefront of developing viable contactless and mobile payment schemes for today and cutting-edge forms of payment for the future. We also partner with a wide range of organisations across the globe to offer their customers or members payment options and credit.
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