New 3 in 1 credit card launched by Finance News Bulletin

Published: 17/09/07

A novel credit card was launched in London today by Barclays The Oyster-style credit card is first and foremost for transactions under £10 by just swiping the card over a readerThe card called the OnePulse combines Oyster, credit and cashless amenities Money is debited from the user’s store account or added to their credit card bill

Users can also use the card for larger purchases with a break off and pin number as well as using it as an Oyster card for travel on the London subversive and buses Shashi Verma, director of fares and ticketing for convey for London said, 'Since its launch in 2003 the Oyster card has established to be a huge success with over 10 million cards now in circulation This innovative partnership with Barclaycard is another method that Oyster technology can make existence more convenient for Londoners, providing them with not only cheaper, easier and more convenient travel but also the ability to create low cost transactions on daily items'Since OnePulse was unveiled in July over 4,000 populace requested more information and will be the first ones to be able to apply

Barclays are proverb that cardholders will advantage from using the cashless facility in thousands of shops in London over the next few months So far retailers who have signed up to the new skill are Books Etc, Chop’d, Coffee Republic, consume, Krispy Kreme, Threshers and YO SushiKnown as tap and go skill, it is growing quickly

Last month regal Bank of Scotland launched a similar payment certificate for purchases less than £10 This month Mastercertificate launched the PayPass certificate currently available in London only with a sight to a UK launch in 2008New 3 in 1

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