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An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

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Barclays Debuts Tap and Pay For Android Phones

By
Leena Rao
Leena Rao
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By
Leena Rao
Leena Rao
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May 13, 2016, 11:00 AM ET
Dine Out With MasterCard And Support A Priceless Cause: Fighting Cancer
CINCINNATI, OH - JULY 13: Ozzie Smith uses Apple Pay at the Home Run Derby at Great American Ball Park on July 13, 2015 in Cincinnati, Ohio. (Photo by Duane Prokop/Getty Images for MasterCard)Photograph by Duane Prokop — Getty Images

Barclays will be adding the ability for its users to “tap and pay” with their Android phones, potentially allowing its bank users to pay at 400,000 different locations as well as the London Underground Tube.

Tap and Pay technology enables shoppers to be able pay at store checkout counters or for public transportation by waving their Android smartphones in front of a wireless reader. Shoppers can upload their credit and debit card information to the mobile app to pay instead of using cash or taking credit cards from their wallets. Barclays says the technology will be added to its mobile app in June.

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For transactions over £30, users will need to tap the phone at the terminal, enter their debit card PIN number, and then tap the phone again.

Barclays will face competition from Google’s Android Pay, which is expected to roll out across the United Kingdom imminently. But Android Pay currently doesn’t count Barclays as one of its partners. Currently consumers who use Bank of Scotland, First Direct, Halifax, HSBC, and Lloyds Bank will be able to use Android Pay.

For more on Google, watch this video:

Barclays already partners with Apple to let its iPhone customers use their Barclays accounts to pay with Apple’s tap and pay technology, Apple Pay.

The U.K. could be a major market for contactless payments. According to reports, 54.2% of mobile phones sold in the country during the first quarter of 2015 were Android devices. Adoption of payments using smartphones has been noticeably more popular in the U.K. than the United States.

Last year, British shoppers made nearly one billion so-called “contactless” purchases in stores and elsewhere, including on the London Underground.

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