The British will take part in the revolution of mobile payments

Company Barclaycard and network operator Everything Everywhere gathered this summer to launch a joint project. This will be the first UK commercial system of contactless mobile payments. Both companies said they are working on the production of an unnamed phone model that will allow the British to make micropayments in retail outlets. To do this would be enough to hold the handset near a special reader terminal. Currently, the networks of retail stores such as Pret a Manger, Eat, Little Chef and Co-Op, there are about 40 thousand terminals. Also in circulation is about 11 million contactless cards, most of which are released Barclaycard and Barclays. The move is part of the strategic partnership signed in 2009 between the companies Barclaycard and Orange (which, together with T-Mobile has teamed up for service Everything Everywhere). Themselves partners assess their cooperation more than modestly: "the biggest revolution in payments since the emergence of credit cards 40 years ago." Partners use the approach to payments based on the verification of SIM-cards. According to them, it must fully secure transactions and personal data of their customers. MasterCard will provide payments to the French vendor Gemalto. This company is responsible for the service Trusted Service Management, owned by Barclays. Although such systems appear for many years, Gerry McQuaid (Gerry McQuade), chief development manager of Everything Everywhere, called the upcoming launch of the project "a revolution in how people pay for things." According to him, this is a "cultural shift, as the first credit card or ATM, as I will speak for many more years." David Chan (David Chan), Managing Barclaycard Consumer Europe, responded more figurative, but no less pathetic: "I believe that future generations will be surprised that at the beginning of this century we still carry separate items needed for communication and shopping . Our role as a payments expert, to make this process easier, more convenient and safer than most to people on the move to make purchases and manage their finances. " Source: MoneyNews