Submitted by

Barclaycard

Premium
07/06/2017 Banking Innovation
Grab+Go is a new payment concept that transforms a shoppers’ smartphone into a ‘pocket checkout’, allowing them to simply scan the items they want to buy as they pick them and then complete their purchase with a single click and walk out of a store.
Innovation details
Country
United Kingdom
Category
Wallets & Payments

Innovation presentation

The way we purchase and pay for goods and services is evolving at a rapid pace, and as the UK’s leading payments business, with relationships on both sides of the counter, Barclaycard sits at the forefront of coming up with new ways of making purchasing and paying easier for both consumers and merchants. One of the pain points of purchasing that consumers constantly cite is the need to queue to make a payment for something; they increasingly want speed and convenience when shopping. Tackling this problem, Barclaycard has created ‘Grab+Go’ – a brand new way of streamlining the purchase journey for retail goods and services that removes the need for consumers to queue at a till point to pay, by instead allowing them to use their mobile phone as a ‘pocket checkout’. Centered around a proprietary app, it allows shoppers to simply scan the items they want to buy as they select them, click checkout when they’re done and walk out the store without visiting a till point. Payment is taken seamlessly and invisibly in the background using pre-loaded card details. Developed in-house at Barclaycard and currently being testing internally with colleagues in staff canteens at five sites in the UK and US, Grab+Go allows retailers of all sizes to offer an alternative form of payment and purchasing to their customers.

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