By John Glenday

Barclaycard has begun a London trial of its contactless payment wristbands, hi-tech bracelets which allow the wearer to pay for goods and services without reaching for their wallet.

The bPay devices can be preloaded with a cash value and automatically top up as purchases are made, although a maximum spend of £20 per item is enforced.

It is hoped that increasingly time poor consumers will embrace the band as a handy means to pay for frequent low value purchases such as bus tickets, sandwiches and cups of coffee.

Although operated by Barclaycard the device can be used by anyone no matter who they Read full story ›

Source: The Drum