Barclaycard drops first-generation bPay payments band

Barclaycard drops first-generation bPay payments band

06 MAY 2015

Barclaycard confirmed its UK-based bPay band and pre-paid account will shut down at the end of May with a successor supposedly to follow shortly, although the credit card firm did not reveal a comeback date.

Debuted last year, users of bPay could add money to their accounts with any Visa or MasterCard debit or credit cards and then make contactless payments up to £20 in shops and restaurants.

“We can’t confirm a date at the moment I’m afraid, but we expect it to be not long after 31 May,” a Barclaycard spokesman told Mobile World Live about the second-generation product.

Around 10,000 users will be affected by the shutdown. All will be offered second-generation products as replacements for their first-generation payment bands. Any outstanding pre-paid balance will be refunded to their cards.

Last year’s launch was billed as a trial, albeit a large scale one.

How Barclaycard upgrades its second-generation device given a growing array of wearable rivals, many of whom can combine contactless payments with an additional skill, such as health tracker or smartwatch, will be its next test.

Author

Richard Handford

Richard is the editor of Mobile World Live’s money channel and a contributor to the daily news service. He is an experienced technology and business journalist who previously worked as a freelancer for many publications over the last decade including...

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