Follow on Google News News By Tag Industry News News By Location Country(s) Industry News
Follow on Google News | Barclaycard to pilot new Visa corporate cardBarclaycard, in association with Deloitte and Visa Europe, is piloting an innovative new payment card that will provide added convenience and cost benefits to Barclaycard Corporate Visa cardholders
By: Andrew Bond As well as being a standard Visa Corporate card (http://www.barclaycardbusiness.co.uk/ The Barclaycard pilot is the first corporate card pilot of the Visa Credit Card (http://www.barclaycard.co.uk/ In addition to supporting remote network access, The Visa Corporate Barclaycard features other applications. It is compatible with Verified by Visa which could prevent card not present (CNP) fraud and identity theft associated with online banking, telephone authentication and other remote channels. Barclaycard's leading role in the piloting of this new card was recognised when it won the 'Best use of innovation within Visa systems or services' award at the recent Visa Europe Insights event. The award highlighted Barclaycard's commitment to using technology in an innovative way to bring additional benefits for its customers. Neil Radley, Managing Director of Barclaycard Commercial, commented: "This product is an ideal solution for our corporate customers as it effectively combines two items in one; as well as being a standard Visa corporate card it incorporates a token which enables safe and secure virtual private network (VPN) access. We are delighted to be developing this innovative card with Visa Europe." Simon Owen, Senior Partner who leads the Information and Technology Risk practice at Deloitte, said: "The EMUE technology enabled Visa Corporate Barclaycard offers real benefits for card issuers based on our own experiences of providing staff with one-time code functionality for remote access. We estimate that we could save up to 65% per user over having a separate traditional token device." Sandra Alzetta, Senior Vice President for Innovation at Visa Europe, commented: "Innovation is a key factor in Visa Europe's continued success and growth. We are continually working to make Visa the most secure and convenient choice for both corporate and consumer cards. By embedding a battery, PIN pad and LED screen in a payment card, we believe we are offering the most innovative card product in the marketplace." Ends About Barclaycard Barclaycard (http://www.barclaycard.co.uk/ The company is one of the pioneers of new forms of payments and is at the forefront of developing viable contactless and mobile payment schemes for today and cutting edge forms of payment for the future. It also issues credit and charge cards to corporate customers and the UK Government. Barclaycard partners with a wide range of organisations across the globe to offer their customers or members payment options and credit. In addition to the UK, Barclaycard operates in the United States, Europe, Africa and the Middle and Far East. PR Contact: Andrew Bond Barclaycard Press Office Barclaycard 1234 Pavilion Drive Northampton NN4 7SG 01604 251229 www.barclaycard.co.uk # # # About Barclaycard Barclaycard (http://www.barclaycard.co.uk/ The company is one of the pioneers of new forms of payments and is at the forefront of developing viable contactless and mobile payment schemes for today and cutting edge forms of payment for the future. It also issues credit and charge cards to corporate customers and the UK Government. Barclaycard partners with a wide range of organisations across the globe to offer their customers or members payment options and credit. In addition to the UK, Barclaycard operates in the United States, Europe, Africa and the Middle and Far East. End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|