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RBS and Natwest Launch NFC Solution for iPhone

Mercator Advisory Group by Mercator Advisory Group
October 3, 2012
in Analysts Coverage
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RBS and Natwest have launched TouchPay, a mobile payments service for the iPhone 4 and 4S. The service requires users to obtain a special NFC-enabled phone case in addition to a mobile application available at the Apple App Store. Once activated, users can make contactless payments for transactions under £20. TouchPay is provided in conjunction with Visa.

Ben Green, head of mobile at RBS, said: “TouchPay has proven incredibly popular and shows that our customers want more flexible and convenient ways to pay. Delivered alongside our updated mobile apps, the TouchPay service means that our customers need only carry their smartphone with them to make payments and manage their finances wherever they are.”

Initially, the service will be available to the first 1,000 people who register, although it will eventually be made available to all RBS and Natwest customers who own iPhones.

Click here to read more from Mobile Today.

Tags: Mobile Payments
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