The Co-operative is set to become the first major grocery retailer to roll out contactless payment in its stores.
The roll out will, in partnership with Barclaycard, will initially extend to 100 Co-operative food stores next year. If the trial is successful it could be rolled out to most of its stores by 2012.
The Co-operative Group’s commercial director for food retail Sean Toal said: “This is a great opportunity for The Co-operative to work in partnership with Barclaycard to become the first major food retailer in the UK to roll-out this unique payment method. It has received an excellent reception from both customers and retailers where it has been launched overseas and is ideal for our store portfolio.”
Contactless payment, which is used for transactions of £15 or less, is already commonplace in the US and Asia. There are now over nine million contactless enabled cards in circulation in the UK.
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