Latest Barclaycard innovation James McDonald & Dan Truscott
Latest Barclaycard innovation James McDonald & Dan Truscott
Latest Barclaycard innovation James McDonald & Dan Truscott
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Priorities<br />
Payment Innovation<br />
Colin McSkeane<br />
Organising for Success<br />
27 th September 2012
Pace of change….<br />
Telephone<br />
38 years<br />
payment acceptance<br />
Television<br />
13 years<br />
Internet<br />
4 years<br />
Ipod<br />
3 years<br />
It took…. To reach 50m users<br />
Within ten<br />
years:<br />
Iphone<br />
2 years<br />
Facebook<br />
2 years<br />
50 billion devices will be connected to<br />
the web – up from 5 billion today<br />
Payments initiated by mobile devices<br />
will outnumber transactions initiated by<br />
plastic cards<br />
Android<br />
1 year
…and within Payments<br />
payment acceptance
Payment Innovation Overview….<br />
Contactless<br />
payment acceptance<br />
Contactless Evolution<br />
Making Mobile<br />
Payments<br />
<strong>Barclaycard</strong> PayTag<br />
payment acceptance<br />
Accepting Mobile<br />
Payments<br />
<strong>Barclaycard</strong> PayBand
Contactless headlines..<br />
payment acceptance<br />
TBC<br />
26m+ Cards issued<br />
120k<br />
1m+<br />
150k<br />
84%<br />
6 in<br />
10<br />
Terminals<br />
Transactions per<br />
month<br />
Transactions at<br />
Olympics<br />
Consumers<br />
recognise the<br />
symbol<br />
Prefer cards to<br />
cash up to £20
UK contactless transaction spread<br />
payment acceptance<br />
London 25%<br />
Outer London 14%<br />
Midlands 14%<br />
North West 10%<br />
North East 7%<br />
East Anglia 7%<br />
South 7%<br />
South East 6%<br />
South West 5%<br />
Wales 3%<br />
Scotland 2%
PayBand<br />
payment acceptance
Increasing consumer dependency on smart phones<br />
Smart phones continue to become multi-application ‘on-the-move’<br />
devices with greater usage and acceptance of new features and<br />
functions<br />
payment acceptance<br />
My mobile device is my…<br />
Phone<br />
Camera<br />
Map and SatNav<br />
Messenger<br />
Photo Gallery<br />
Weather Forecaster<br />
Calendar<br />
Calculator<br />
Social Networker<br />
Games Console<br />
Contacts List<br />
Stockbroker<br />
Music Player<br />
Television<br />
Auction House<br />
Alarm Clock<br />
News Reporter<br />
Search Engine<br />
Bank<br />
Payment Card<br />
There is an increasing expectation (and inevitability) that mobile<br />
payments and banking will ultimately replace existing channels and<br />
form factors.
Paytag<br />
payment acceptance<br />
Linked to <strong>Barclaycard</strong><br />
account<br />
Large scale roll out<br />
commenced<br />
Double the usage over<br />
contactless cards<br />
A “bridge” to<br />
widespread NFC mobile<br />
adoption<br />
Ideal for transit &<br />
parking use
Quick Tap with Orange<br />
payment acceptance<br />
Samsung Galaxy S3<br />
launched<br />
£50 customer incentive<br />
Available to all UK credit &<br />
debit cardholders<br />
Find a retailer via GPS
Smart phones change things<br />
payment acceptance
Digital wallets<br />
Today<br />
Tomorrow<br />
12
Summary<br />
Opens new<br />
markets<br />
Alternative<br />
form factors<br />
Speed<br />
Convenience<br />
payment acceptance<br />
Contactless<br />
Camera<br />
Payment<br />
applications<br />
Wallets<br />
Wallets<br />
Authentication<br />
Push & pull<br />
payments<br />
Face to face &<br />
ecomm<br />
merge<br />
Card not<br />
required<br />
New types of<br />
POS<br />
Consumers<br />
will choose
Way ahead<br />
payment acceptance<br />
Engagement<br />
Knowledge share<br />
Collaboration<br />
Joint planning
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