EE, as we know is the UK’s fastest as well as biggest 4G network, has revealed that it is extending its popular ‘Cash on Tap’ feature to a number of the latest handsets.
The service that is provided by the company, which is made possible thanks to assistance from payments provider MasterCard, was at first launched in the UK in July 2013. Initially, it was only available on EE mobile phones such as the Sony Xperia SP and the Samsung Galaxy S4 and S3 LTE.
This feature is a form of contactless payment system, which uses technology called Near Field Communications, or NFC, to allow users to pay for low value items in shops using just their Smartphone. The company have launched this feature in partnership along with MasterCard. For this you need to have an app called as digital wallet installed on your Smartphone. This application stores all your card details, to facilitate you to pay via your phone, but you need to have an internet connection enabled on your phone for that. If you have the Cash on Tap feature enabled on your device, you can pay for items up to a cost of £20 simply by tapping your smartphone on a compatible terminal. The idea behind the system is that it saves shoppers time, providing them with a convenient way to pay for items quickly without the trouble of entering a PIN for a card payment.
EE is now extending the Cash on Tap mobile payments service, which is free of charge to new and existing customers with compatible handsets, to some of its latest and best EE mobile phones. The new models added to the list include the Samsung Galaxy Note 2 and 3, the Samsung Galaxy S4 Mini and the Sony Xperia Z1.
Explaining the benefits of Cash on Tap to customers, who include extra credit when they sign up, activate and send or receive money using the app, EE’s Director of Propositions Simeon Bird said:
“Cash on Tap is one of the most convenient ways to pay for everyday items, removing the need to reach for your wallet or search out loose change. We’re pleased to be announcing the next compatible handsets, allowing even more EE customers to benefit from the simplicity and control the service offers them”.
Some people may think this feature as a threat to security, but the company has provided multiple levels of protections in it. Firstly you can only open the application with the help of a pin that should be re-inserted again while topping up your account. Also the system that allows the transaction is secured by your SIM. In case you lose your phone, you can easily call your network operator customer care service to get your cash on top account and your phone stopped.
EE Company is planning to extend its services further in the future and include Tickets on Tap as well as Loyalty cards on Tap in it. But we do not have any information that when these services are going to be launched.