Identity, Security, Payments, Biometrics, Smart Cards and Authentication News

Barclays issues a million contactless cards

Monday, December 1, 2008

Barclays has issued its millionth contactless Barclaycard in the UK., beating its original projections by a month. The bank had originally predicted it would reach that million-card benchmark by the end of the year.

More than 6,000 shops across the UK now have the technology to use the cards installed, ranging from high street chains such as Coffee Republic and Eat to independent retailers such as dry cleaners.

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HSBC announced that it will begin the conversion to contactless technology this month, replacing all customer banking debit cards, according to ThinkMoney.com.

The bank will start to roll out the new contactless cards to existing customers whose debit cards are due to expire this month and then continue the process as cards expire. Customers who don’t want a contactless card can opt out by contacting their bank before their current card expires.

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There have been a lot of questions circulating around regarding the recent news of Barclays contactless cards and how customers could have their data potentially stolen without even knowing it, according to SC Magazine UK.

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Barclays Bank PLC announced that the Barclaycard Wireless Festival 2012 is to be fully contactless enabled, giving attendees the ability to enjoy the experience without having to carry cash.

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Asda Stores Ltd., a British supermarket chain, is planning to trial contactless payment technology in 25 of its stores, according to Computerworld UK.

The contactless systems will be supplied by both Visa and payment value chain Streamline. Customers will be to simply tap the reader with their contactless-enabled card to pay for goods up to £15, rising to £20 June 1, potentially reducing queue times.

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German bank, Sparkasse will pilot contactless payments for its bank credit card users, reports Venture Village.

Locations in Hannover, Braunschweig and Wolfsburg will be some of the first for the trial, which begins in April. More than 1.3 million customers will receive the new bank cards complete with contactless functionality.

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viaForensics, the company hired by Channel 4 News to crack the Barclays card, has apparently demonstrated that it can also lift data from any Visa-branded card, according to The Register.

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