I would like to see banks issue a new kind of instant payment card. Like they have in Hong Kong where they can use their versions of the Oyster card
to make small purchases like newspapers, snacks, drinks, etc. just by flashing their card.
Didn't Barclays trial this type of card in London?
You get contact-less payment now on a lot of credit cards, ive got it on my virgin and barclaycards. You pay by touching your card to the payment handset. I think the limit is £15.
People worry about fraud but ive always found the cover so good im not going to worry about it.