Always fancied the idea of using your mobile phone as a way to pay for your morning coffee? Well Barclays have announced that the PayTag is on it's way... not got an NFC enabled mobile? Not a problem, as they say on the site:
"PayTag can turn any mobile into a contactless way to pay, in seconds."
At the moment they are looking for people to register interest in using it and once you sign up to the interest form it's 6-8 weeks before you'd receive your tag. A really interesting move by Barclays and this could tie in very well with the Visa Olympic sponsorship deal.
The only issue would be that moment when you hold your phone over the contactless payment point and the cashier stares at you like you're mad... it's bad enough when you use a normal credit card!
If you fancy leading the pack in contactless then follow the link below to sign up: