Tesco Pay+ notches up mobile commerce milestone

Tesco’s Pay+ mobile payment app, which launched in 2017, surpassed £1 billion in payments shortly before Christmas.

The offering now has 1.2 million registered users and a transaction using the app takes place, on average, every 1.4 seconds.

Shoppers can use it to make contactless payments up to £250.

Tesco Pay+, our free mobile payment app, surpassed a total of £1 billion in payments. The contactless payment app allows shoppers to make payments, collect Clubcard points and track spending in any UK Tesco store with a single scan of their phone. https://t.co/5rrHvzKMKK pic.twitter.com/OJb2QyJRYA
— Tesco Bank (@TescoBankNews) January 18, 2021

Mark Loch, Group Payments and Money Services Director, Tesco Bank, says: “The world around us has changed rapidly, particularly over the past year, and we’re proud that Tesco Pay+ is helping our customers every time they shop with us.”

He adds: “With the single scan of a smartphone, Pay+ provides a simple and fast checkout experience.”

“Shoppers can track their grocery spend and have the convenience of a £250 single transaction limit with automatic Clubcard points collection, helping them to manage their money a little better every day.”