We are providing best deals for card and bill payment services in UK.

1966 – Introduction of the Barclaycard: Barclays introduced the first credit card in the UK, the Barclaycard, in 1966. This marked the beginning of the modern card payment system.

1972 – Launch of Access: A consortium of banks introduced the Access card, another early credit card. This was the precursor to the Visa network in the UK.

1987 – Introduction of Switch: The Switch debit card network was established, allowing consumers to make electronic payments directly from their bank accounts.

1987 – First ATM Network: The UK’s first shared ATM network, Link, was formed, making it easier for people to access cash.

2007 – Contactless Payments: Contactless payment technology was introduced, allowing people to make quick and easy payments using their cards, leading to widespread adoption.

2015 – Launch of Apple Pay: Apple Pay was introduced in the UK, enabling contactless payments through compatible iPhones and Apple Watches.

2016 – PSD2 Regulations: The European Union’s Payment Services Directive 2 (PSD2) was implemented, promoting competition and security in the payment industry.

2018 – Open Banking: Open Banking regulations were introduced, allowing third-party financial service providers to access bank account data with user consent, fostering innovation.

2020 – Cash Decline: Card and digital payments continued to gain popularity, and the use of cash declined significantly, particularly during the COVID-19 pandemic.

The UK’s card payment system has evolved over the years, embracing new technologies and regulatory changes, making it a prominent part of the country’s financial infrastructure