[Live from London] Richard Mould from Barclays Bank gave a very positive presentation about the opportunities for banks in the UK, using contactless payments cards to generate more transactions. He noted that Barclays target market would be low-value payments, but flagged up the “unfair” subsidy of cash as a potential challenge.

Technorati Tags: , ,

What do you think? Sign in and add your comments below. Don’t forget there will be a prize for the most interesting comment posted by a delegate during the Forum.


  1. sounds to me that if retail banks are serious about driving adoption of contactless then they’ll need to get a bit brave and start, erm, doing it (e.g. issuing plastic to consumers)….

  2. building on the above, what has driven the rapid deployment of Felica in Japan has been just this – some big corporates being brave. Though of course it wasn’t a bank(s) that took the lead – it was DoCoMo

  3. Did he make mention of the many and various “unfair subsidies” of the central bank / EU directives that attempt to reserve the business of payments to the banking sector?

  4. He didn’t, but there was an interesting audience discussion about the cost of cash, and whether cash is unfairly subsidised, at the end of Richard Mould’s presentation.

Leave a Reply

Subscribe to our newsletter

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

By accepting the Terms, you consent to Consult Hyperion communicating with you regarding our events, reports and services through our regular newsletter. You can unsubscribe anytime through our newsletters or by emailing us.
%d bloggers like this:
Verified by MonsterInsights