Market Report, "Pre-Paid Cards in the United Kingdom", Published
Pre-paid cards faced growing competition from other formats of contactless payment products towards the end of the review period. Mobile phone operator Orange notably launched Quick Tap in May 2011 in partnership with Barclaycard. This enables consumers to make purchases of up to GBP15 by tapping their mobile handset against a contactless reader, using a secure SIM-based form of mobile payments. The service is available on both pay-as-you-go and pay-monthly price plans. One of the most innovative...
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