Tesco Bank has announced that it will be relaunching its digital wallet app.
PayQwig will become Tesco Pay+ with the bank revealing further details about the relaunch later this month.
Launched in 2015, the PayQwig digital wallet app allows Tesco customers to pay for their shopping in a simple and fast manner, while also collecting Clubcard points.
The digital wallet also includes:
- ease and convenience at the checkout with a 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.
“We are really excited to be telling customers today that their digital wallet will soon be changing its name to Tesco Pay+,” said Mark Loch, Tesco digital wallets and group payments strategy director.
“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.”
The digital wallet is available for both Android and iOS smartphones.
Hampshire Trust Bank appoints new chairman
Hampshire Trust Bank has announced the appointment of Robert Sharpe as its new chairman, subject to regulatory approval...
Metro Bank confirms director of commercial real estate departure
Metro Bank has confirmed that its director of commercial real estate Andy Hallett has stepped down from his position...
Revolut introduces exclusive offers
Revolut has added a new feature to display exclusive offers from high street brands and start-ups on its mobile app...
Revolut set to offer cryptocurrencies
Revolut has announced that it is soon to release phase one of its cryptocurrency offering to its customers...
Redwood Bank moves into new head office
Redwood Bank has announced that it has moved into its new head office in Hertfordshire...
Paragon Group of Companies to become Paragon Banking Group
The Paragon Group of Companies has announced a strategic reorganisation, which it hopes will accelerate its transformation into a diversified specialist banking institution...
CivilisedBank appoints new CEO
CivilisedBank has appointed Philip Acton as its new CEO to lead the bank through its build phase towards launch in early 2018...
Are new banks attracting the older community?
New banks are not yet doing enough to target older customers, according to one mobile bank...
Fintech company to receive €30m from EIB
The European Investment Bank (EIB) will be providing Swedish fintech company iZettle with €30m in debt funding over the next three years..