News & Views - Savantor

Contactless and a new slant to wearable technology

Thursday, 16 June 2016

We are all aware of the increasing popularity of contactless as a payment method in today's world of mobile payments. A new report released by the UK Cards Association shows that in 2015, £7.75 billion was spent using contactless cards, compared to £2.32 billion in 2014; it is also interesting to note that the growth in spend increased more than the growth in the number of contactless cards.

We are very familiar with their use being synonymous with small value payments, typically used in bars and cafes and of course as a means of transport payment particularly in the capital.

Now another area of payment interactions is harnessing the benefits of contactless technology – charity donations.

Apparently the UK Cards Association is already working in conjunction with charities to develop devices for contactless cards in place of the traditional charity tin, whereby people wishing to donate can pay by waving a credit card over a pad instead of searching for loose change.

Last month we heard about the charity Mary's Meals piloting the introduction of contactless donation boxes with selected partners in cafes across England, where customers can make a donation of 30p by merely tapping their card.

And in the past couple of weeks, the Blue Cross animal charity has been using 'pat and go' dogs to collect donations - providing dogs with coats to which a contactless terminal is attached, so that people can make donations with a 'pat and tap'.

It adds another dimension to the concept of 'wearable technology'!

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