Barclaycard is a leading global payment business which helps consumers, retailers and businesses to make and accept payments flexibly, and to access short-term credit when needed. Barclaycard has always developed close relationships with entrepreneurs and start-ups, partnering with people having fresh ideas that will lead to tomorrow's innovations. We are happy to sponsor and support TechMeetups.

1. Michael Saunders, Managing Director, Digital
Consumer Payments
7th October 2014

2. Barclaycard has a heritage of innovation,
and continues to push the boundaries in payments
Online
Chip &
Pin
2000
2010
1966
2013
Contactless pioneers
>18m UK
contactless
Barclaycards &
Barclays debit cards
>180k
enabled
terminals
across UK
PayTag and PayBand
Barclaycard
Ring
>1m mobile
payment devices
Barclaycard
Anywhere Mobile
payment acceptance in
UK
bFlex flexible, instant credit
>1m customers
Mobile & social
Pay your way
Transport for
London
contactless payments
bPay wearable
devices

3. Contactless is growing in the UK
Step change growth - 100x in the last four
years and still continuing to grow
Retailers rolling out nationally – over 300k
places to pay via contactless
20,000,000+
TfL journeys so far
Apple Pay
Drive to mobile payments
Averaging over 100k transactions per day on
TfL
Key market drivers in technology and
acceptance

4. We’re launching bPay as an open market payment product,
beginning initially with wearables
Debit
Credit
Bank Account
Prepaid
Etc . . .
Funding Source Form Factor
Focus on combinations that can
 achieve market wide scale and
ubiquity
 provide incremental benefits to
both merchants and consumers
 generate strong returns
Mag Stripe
Chip
Contactless
QR & Bar Coded
Optical recognition
Become increasingly embedded
into peoples’ lives
Enable things
people wear and
carry everyday to
pay
Value added
shopping services

5. Why are we launching with wearable's
Wearable's offer strong
consumer utility
NFC is used across non
payment applications
Cash displacement is here
particularly in youth segments*
Wearable's offers a
strong consumer
proposition allowing
us scale adoption
prior to e-com
launch
• NFC used across transport and
closed loop access systems
• Enables access, ID, transport and
social posting
• Half of young Britons use credit
cards for good costing less than
£2
• Three in four 16-24 year olds use
cards for payment under £5
* Source Pennies charity survey
• Customers show high levels of
satisfaction in Pay band tests
• Strong feedback for use beyond
test environments

6. Initial distribution of wearable's
Access
“I need it to get in”
Affinity
“I love it”
Attributes
“it makes my
product better”
Transit Gyms
Festival
s
Campu
s
Fashion Charities Sports Teams Retail
Fitness Bands
Smart
Watches
Biometrics

7. Customer Experience: Football

8. What have we learned in 2014
Strong demand New Consumer Base
Media interest
Persistent use
Social engagement Maker movement