Barclays has announced the launch of its own contactless payment service for Android handsets, named Contactless Mobile, which will go live next month. It will compete directly with Google’s Android Pay, which is set to arrive at some point this summer.
Barclays customers will be able to pay for goods costing up to £100, as well as journeys on the London transport network, with their NFC-enabled smartphone, as long as it runs Android KitKat or a newer version of the software.
To make a payment of up to £30, you’ll simply need to touch your phone on a contactless reader. For anything higher than that (up to a maximum of £100), you’ll have to tap your phone against the contactless reader and finger your card’s PIN code on your phone's keypad.
The bank was famously slow to embrace Apple Pay, only deciding to jump on board in April -- nine months after the service came to the UK, so it isn’t hugely surprising to learn that Barclays has built its own payment solution. How it fares against Android Pay will be interesting to see though. Is a contactless fight to the death a thing?