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Barclaycard to showcase new mobile acceptance solution at Mobile World Congress 2014

February 19, 2014

ENP Newswire - 19 February 2014

Release date- 18022014 - Barclaycard is to showcase its new mobile point of sale solution, 'Barclaycard Anywhere', on the Visa stand at the forthcoming Mobile World Congress in Barcelona.

Launching in the Spring, it has been designed to help SMEs take secure, on-the-spot payments to improve their cash flow and grow their business. The solution will also be available to large enterprises with mobile sales forces, allowing them to take payments quickly and easily on the road.

Incorporating a secure pin entry device which attaches to a smartphone or tablet, Barclaycard Anywhere uses a purpose-built app to accept card payments from any UK location* securely, using chip and PIN technology.

Barclaycard Anywhere has an advanced reporting system which allows users to keep track of transactions wherever they are, via their mobile app or secure online portal. This gives instant, visual access to payments trends, sales performance and other crucial business intelligence.

Payments made using this device are processed through the Barclaycard app using a 3G or WiFi connection. This is especially important for businesses that don't have a fixed location. Customers will receive their receipt by email or text.

Paulette Rowe, Barclaycard's Managing Director of Global Payment Acceptance, said: 'We wanted to create a solution that was ideal for both SMEs and for large enterprises with mobile work forces. Security, speed, ease and cost are key concerns for all businesses, whatever their size, so these were our main considerations when we developed Barclaycard Anywhere. Our simple, low-cost, secure solution will enable many more small businesses and large enterprise sales forces to accept secure card payments on the move, helping them increase sales.

'Having easy access to invaluable management information through the mobile payment app will enable time-poor business owners and staff to quickly learn about their customers' spending behaviour. The insights they gain and the time they save can be directly invested into making their businesses more successful.'

Barclaycard Anywhere, supported by PayLiquid, Barclaycard's delivery partner, will be unveiled at the Visa stand at Mobile World Congress (Hall 6, 6D40) which runs from 24 - 27 February.

Sandra Alzetta, Executive Director at Visa Europe, added: 'We believe that mPOS devices such as Barclaycard Anywhere have the potential to be truly transformational for small businesses and enterprise sales forces. There is a huge benefit to be gained not only for small businesses but also for their customers, who can benefit from the convenience and security of making a chip & PIN card transaction. Barclaycard Anywhere is a robust and secure solution and we are delighted to be unveiling it in partnership with Barclaycard at Mobile World Congress.'

Barclaycard Anywhere will join the existing payment solutions offered by Barclaycard including GPRS, Portable and Countertop products, adding further flexibility to the industry-leading range.


Notes to Editors:

*Card payments can be accepted from any UK location as long as there is a connection (3G or Wi-Fi).

About Barclaycard

Barclaycard, part of Barclays Bank PLC, is a leading global payment business that helps consumers, retailers and businesses to make and take payments flexibly, and to access short-term credit and point of sale finance.

The company is a pioneer of new forms of payments and is at the forefront of developing viable contactless and mobile payment schemes for today and cutting edge forms of payment for the future. Barclaycard also partners with a wide range of organisations across the globe to offer their customers or members payment options and credit.

Key facts published in February 2014:

total number of Barclaycard customers: 35.5m

total number of Barclaycard clients: 374,200

total payments processed in 2013: GBP254bn

Follow us on Twitter @BarclaycardNews.

About Visa Europe

Visa Europe is a payments technology business owned and operated by member banks and other payment service providers from 37 countries across Europe.

Visa Europe works at the forefront of technology to create the services and infrastructure which enable millions of European consumers, businesses and governments to make electronic payments. Its members are responsible for issuing cards, signing up retailers and deciding cardholder and retailer fees.

Visa Europe operates a high volume, low cost business model that provides services to its members. Its surplus is reinvested into the business and used to improve capital and reserves.

There are 500m Visa cards in Europe, while EUR1 in every EUR6.50 spent in Europe is on a Visa card. In the year to September 2013, total expenditure on Visa cards reached EUR2 trillion, while point-of-sale spend increased by 8.5% to EUR1.4 trillion. Annual online spending on Visa cards continues to grow (20% year-on-year) and now stands at EUR240bn.

Since 2004, Visa Europe has been independent of Visa Inc. and incorporated in the UK, with an exclusive, irrevocable and perpetual licence in Europe. Both companies work in partnership to enable global Visa payments. As a dedicated European payment system Visa Europe is able to respond quickly to the specific market needs of European banks and their customers - cardholders and retailers - and to meet the European Commission's objective to create a true internal market for payments.

About PayLiquid

PayLiquid lets banks and mobile network operators deliver innovative and valuable mobile services to their business customers. PayLiquid has created a unique white-label mobile Point of Sale ('mPoS') industry platform, delivered as software-as-a-service, integrated with PayLiquid's industry certified mPos terminal. Founded in 2009, PayLiquid has offices in London, England, and Palo Alto, California.

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Source: ENP Newswire

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