FINANCIAL SERVICES
Barclaycard US in partnership with Mastercard , launched Barclays Ring , a social credit card . By applying game design techniques to make card-related activities more engaging , they ’ ve created a social community of cardholders .
Online and offline rewards , like badges for switching to paperless billing and charity contributions through Barclaycard ’ s Giveback program , help to market the product as user-friendly and appeal to active and socially responsible users .
• Digital Wallets for Mobile Cashless Payments : Integrated QR code- based payment system benefits banks , e-wallets , payment platforms , retailers and consumers by allowing fast and secure transactions via a smartphone or smartwatch .
The user connects their bank account with the system and completes the transaction with a onetime scan . No personal data or bank details enter the system , making it completely anonymous and safe .
A solution can be smoothly integrated into banking applications , cash registers , vending machines and retailer loyalty rewards programmes .
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