Orange UK and Barclaycard have signed an NFC mobile payment deal that will enable customers to use their handsets to pay for goods or services at retailers. A statement from Orange UK claims the partnership marks the 'biggest revolution in payments since plastic cards were introduced over 40 years ago.'
The service will be used initially for items costing less than £10. Both companies plan to extend the service to include ticketing, transport and rewards.
The co-branded service will be open to both companies' combined customer base of 28 million, and will later support mobile alerts, servicing capabilities and new banking applications.
MasterCard will provide the payment capabilities for the transactions.