What's New in Payments

One in ten Londoners ready to ‘consider microchipping themselves’ to speed up contactless payments

Would you microchip yourself to speed up paying with contactless? — This is Money — “11% of Londoners surveyed by PaymentSense and YouGov said they’d consider microchipping themselves to make it quicker for them to make contactless payments… A quarter say they’d be happy to use a fingerprint scanner to verify payments. 16% would be in favour of using a retinal scanner to do so.”







Transit Ticketing Today

One in eight contactless journeys in London now made with mobile phones

How the London Underground brings in 53,000 new contactless users a day — PaymentsSource — “More than 21.6m journeys per week are made on London public transit using contactless payments. More than 53,000 new contactless cards or new mobile contactless payments enter the TfL each day, and one in eight contactless journeys come via Apple Pay, Google Pay, Samsung Pay, or other mobile wallet apps.”





What's New in Payments

Contactless donation points go live across London

Mayor doubles street outreach team to help rough sleepers — Mayor of London — “The Tap London points are small, secure payment points that enable Londoners to make £3 (US$3.82) donations by card. 35 donation points will launch today with more than 90 appearing across the capital this winter. Today the Mayor launched the scheme at City Hall, where one of the building’s windows now has a donation point. The other donation points are located in busy areas around the capital.”



What's New in Payments

M&S rolls out mobile self-checkout in London food stores

M&S rolls out checkout free checkout as part of digital first strategy — Marks & Spencer — “M&S has today announced the launch of its scan and pay service, Mobile, Pay, Go, which will be available for customers in six London stores ahead of Christmas… The pacey roll out follows a successful trial of the service at Waterside Simply Food over the summer. The store now sees 20% of its sales from Mobile, Pay, Go with an average of 170 items being purchased through the app every hour.”


What's New in Payments

Contactless collection boxes deliver five-fold increase in donations for London charity

Earnest Labs reveals results of contactless charity donation platform Tap for Change — The Drum — “Tap For Change has transformed our fundraising… It would take years to raise the same amount from people emptying their pockets of loose change, and it would require a logistical army to collect and bank those donations. The technology has also allowed us to successfully approach high street partners where customers don’t handle cash, such as travel agents and estate agents. Those partners would have previously been reluctant to host a coin collection box.”


What's New in Payments

Sainsbury’s lets UK supermarket shoppers check out from their mobile phones

Skip the queue, scan and go: Sainsbury’s launches till-free shopping — Sainsbury’s — “In a UK supermarket first, Sainsbury’s is trialling new scan, pay and go technology that will enable customers in one of its busy London convenience stores to pay for products in-store using their smartphone… Using the latest version of the SmartShop app, customers visiting the Clapham North Station Local can use their smartphones to scan their shopping as they go and then pay for it through the app, from anywhere in the store, using Apple Pay.”


Transit Ticketing Today

Transport for London adds in-app contactless journey tracking

Contactless journeys now available to view on the go via free TfL app — Transport for London — “Customers using contactless payment cards in London can now view their journey history on the go following the latest update to the free TfL Oyster and contactless app. Half of all Tube and rail ‘pay as you go’ journeys in London are now regularly made using contactless payment cards or mobile devices.”



What's New in Payments

Barclays trials digital receipt service

Fintech startup Flux partners with Barclays for itemised receipts — Techcrunch — “Flux, the London fintech startup founded by former early employees at Revolut, has announced a partnership with Barclays in the UK that will see it trial its itemised receipt technology with 10,000 of the bank’s customers… On the merchant side, the trial also sees Flux partnering with Barclaycard, which will provide the ability for merchants, via integration through their point-of-sale devices, to issue digital receipts to any customer.”


What's New in Payments

UK supermarket pilots self-checkout service that lets shoppers scan and pay by smartphone

Sainsbury’s to launch app which helps customers avoid checkout queues — The Independent — “Sainsbury’s are currently testing the app at their London Euston station store meaning that shoppers can buy the £3 ‘On the Go’ meal deal by simply scanning the products and paying using their phone. As soon as payment is confirmed, customers are free to leave the store without the hassle of time-consuming queues.”


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