Barclaycard is set to trial contactless
technology on a UK toll road during the autumn months of 2011.
By waving their credit or debit card across a
contactless reader at M6 toll booths, drivers will capitalise on
the speedy benefits contactless can bring.
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The technology is reported to be 52% faster to
transact than cash and 33% quicker than chip and PIN payments,
according to research by MasterCard.
A full roll out of the contactless service
across all card-accepting toll booths on the M6 is expected to
commence during the first quarter of 2012.
“The contactless terminals at card payment
lanes at the toll payment plazas will not only cut queues, but will
also help drivers avoid the potentially dangerous scrabble for
change,” said Richard Armstrong, head of Barclaycard UK Payment
Acceptance.
The M6 Toll opened in December 2003 and is
said to have pioneered the acceptance of card payments at toll
booths from that date. The new deal with Barclaycard will see all
card transactions managed by the payments business.
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By GlobalDataThere are 11.4m contactless-enabled Barclays
debit and Barclaycard credit cards currently in circulation in the
UK. The number of merchants with contactless-enabled payment
terminals currently stands at just over 50,000.
