Tesco unveils digital wallet payment app Pay+ to replace PayQwiq

592
Pay+

Tesco has unveiled Pay+, a new mobile payments app which aims to make shopping trips more convenient for customers looking to pay using their smartphone.

The app, which replaces PayQwiq, provides customers convenience at the checkout with a simple payment method, as well as the ability to automatically collect Clubcard points with a single swipe.

Customers can also link multiple payment cards on the app, and there is a limit of £250 on transactions via the app.

The news comes just days after Sainsbury’s announced it had begun testing checkout-less technology which allows customers to pay for goods using their mobile phone.

Last week, a Costcutter branch in London became the first grocer in the world to offer payments via the swipe of a finger, a technology that could soon be rolled out to other grocers.

Initially launched as PayQwiq in 2015 and re-launched this week as Pay+, Tesco’s digital wallet service has been progressively rolled out across its UK stores.

Tesco said that on average, a transaction using Pay+ takes place every three seconds and since its rollout earlier this year the app has amassed over a quarter of a million users.

“We are proud that we constantly invest in enhancing the shopping experience so that our customers receive a unique and exceptional service,” Tesco group payments director Mark Loch said.

“Our digital wallet has proved to be hugely popular with our customers and we are confident that Tesco Pay+, with its fantastic capability, will continue to transform the shopping journey offering little helps to customers every time they shop in Tesco.”

Click here to follow Retail Gazette on LinkedIn