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The information in this section is designed to provide journalists and bloggers with the latest news from Tesco Bank. If you are a customer looking for information on the products and services we offer, please visit our customer website.

 
 
 

5 September, 2017

Tesco unveils Tesco Pay+

  • Tesco PayQwiq digital wallet app to become Tesco Pay+
  • Details of Tesco Pay+ to follow later in September 

Tesco has today announced that PayQwiq, the digital wallet app, is to be re-launched as Tesco Pay+. Further details about Tesco Pay+ will follow later in September.

Launched in 2015, the PayQwiq digital wallet app allows customers to pay for their shopping in a simple and fast manner while at the same time collecting their Clubcard points. Key features of the digital wallet, include:-

  • Ease and convenience at the checkout with simple and fast payment method
  • Ability to collect Clubcard points with a single swipe
  • Hold multiple payment cards on the app
  • Pay for shopping up to the value of £250

Commenting on Tesco Pay+, Mark Loch, Tesco Digital Wallets and Group Payments Strategy Director, said:  

“We are really excited to be telling customers today that their digital wallet will soon be changing its name to Tesco Pay+. The journey of our digital wallet has been an exciting one and we’ve learned a great deal about our customers and how they shop in that time. We believe that Tesco Pay+ is going to help the customer journey, offering greater little helps, and we’re looking forward to revealing more in a few weeks’ time.”

Tesco Pay+ is available for both Android and iOS smartphones, allows customers to pay and also collect Clubcard points, all with one simple scan of their phone. The app has a single transaction limit of £250 to ensure that customers can use Pay+ to pay for their weekly shop and more.

For more information on Tesco Pay+ please visit https://www.tesco.com/payqwiq-app

 

ENDS 

 

For media enquiries please contact:

Tesco Bank Press Office

+44 (0)131 274 3630

 

Notes to editors:

Tesco Pay+ is operated by Tesco Bank

Customers can use Pay+ in all Tesco stores across the UK, including Tesco Express, Tesco Metro, Tesco Extra and Tesco Superstores, as well as Tesco filling stations.

The Tesco Clubcard Scheme is administered by Tesco Stores Limited, Tesco House, Shire Park, Kestrel Way, Welwyn Garden City, AL7 1GA, who are responsible for fulfilling points.

 

About us:

Tesco Bank’s goal is to make banking and insurance easier and better value for people who shop at Tesco. We’ve been around since 1997 and today we help more than 6 million customers every day with everything from insuring their pets, to buying their first home. Our 4,000 colleagues serve our customers seven days a week from our three main centres in Edinburgh, Glasgow and Newcastle, and we are also available through online and mobile banking 24/7. 

Tesco Bank is a trading name of Tesco Personal Finance plc. Registered in Scotland No. 173199. Registered Address: 2 South Gyle Crescent, Edinburgh, EH12 9FQ. www.tescobank.com

 

 

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Media team

For journalist enquiries only, contact the Tesco Bank Press Office on:

+44 (0)131 274 3630
+44 (0)7595 441 036

 

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