Fast credit card payments strike London

16/08/2007

Figures proved that at least one in five credit cards throughout the UK is a Barclaycard.

For small items, consumer can now pay for this without having to waste huge amounts of time; it is just like a credit card.

Barclaycard has introduced this new service into the super store Krispy Kreme. They will be the first company to take on the Barclaycard OnePulse showing people that customers can pay for an item without the need of punching a pin number or signing, however the item must be under the value of £10.

Elizabeth Chambers, chief marketing officer at Barclaycard states that cashless payments are becoming reality.

"A fantastic way to streamline your day - no more waiting in queues to pay for small ticket items. And the OnePulse card works just like a regular credit card for larger purchases, too," she stated.

Results proven by the financial services company shows that other foremost retailers are jumping to join the new scheme. Many businesses are stunned by the new process and feel this will boost sales highly.

Majority of purchases are scheduled on the consumer's credit card statement, a cardholder must only connect a card towards a reader when they pay for goods, which are not of a high value.