RBS pilots mobile payments

The Royal Bank of Scotland is trialling a system where customers can make contactless payments via their mobile phones.

The Royal Bank of Scotland is trialling a system where customers can make contactless payments via their mobile phones in its Edinburgh headquarters with public trials planned for next year.

Tap and Go Mobile Phone payments, as it is known, enables customers to make debit transactions of up to £10 with their mobile phones, which are placed on a contactless payment terminal.

Paul Geddes, chief executive of consumer banking at The Royal Bank of Scotland, said mobile phones are playing an increasingly important role in people everyday lives and their use for making low value payments will be welcomed by customers.

"According to official figures, 80% of UK adults own at least one mobile. As we constantly look for ways to improve customer convenience, we therefore believe that mobile phones will be the next step in the payments evolution," he said.

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