Barclays bank succumbs to Apple Pay

Barclays Bank brings Apple Pay to its customers nine months after its main competitors, with the announcement of its support of the app

Barclays has finally enabled its customers to use Apple Pay, bringing it in line with the other major retail banks.

Barclays has been slow to bring Apple Pay to its customers, waiting nine months after the app’s launch to allow its customers to use it. Competitors, including HSBC and Royal Bank of Scotland (RBS), were signed up to Apple Pay from day one of its UK launch in July 2015.

Ashok Vaswani, CEO of Barclays UK, said Barclays has a range of payment options and Apple Pay is the latest. “Adding to the existing choice, both Barclays debit and Barclaycard credit card customers can use Apple Pay to make payments with their Apple device across the UK.”

The ability to link bank accounts with smartphones for payments is being offered by IT firms, with Samsung and Google set to launch competitors to Apple Pay in the UK.

Samsung Pay will be available in the UK later in 2016, while Google will make its Android Pay app available in the UK in the next few months.

Banks in the UK have been quick to announce their support for Android Pay. Nationwide Building Society said its customers will be able to use Android Pay at around 460,000 payment terminals across the country. HSBC, Lloyds, MBNA and M&S Bank will also offer Android Pay support.

Mobile phone payments may become the main way to pay for things in the UK, with one-third (33%) of Brits believing more payments will be made using smartphones than by credit or debit cards by 2020, according to the Banking Moving Forward study released in 2015 by Experian.

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