Phone app set to shake up high street

11 February, 2011
Page 6 

Shoppers will soon be able to pay for purchases with their mobile phones, using new technology.

Contactless payment is already used by some sandwich and coffee chains, such as Pret A Manger and Coffee Republic where customers wave a card in front of a terminal, but they would now be able to pay using their phone.

YESpay, a global card payments service company, has already launched its YESpay-Wallet service for web-based card payments, where retailers let customers create accounts so they can make card payments on their websites.

These customers can now download the free YESpay-Wallet Mobile App; using this, customers can pay with their smartphone by selecting one of their credit/debit or virtual cards in their electronic wallet, holding their mobile in front of a scanner on the counter-top and scanning the card mobile app's on-screen bar code to make a purchase.





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