So you can imagine my delight when I saw a press release for Barclaycard's new "Payband" - the 21st century version of those gummy bracelets that started off with the "Livestrong" trend.The idea is simple. You get a free bracelet, you load up to £500 onto it, and use it to pay for stuff at places that accept the Mastercard tap-and-pay system.
Despite bearing the Barclaycard name, it's not linked to any credit card you may have with them - instead it's a completely separate prepaid debit card system (without the card). Also, it's being touted at attendees to this year's Wireless Festival - the bands will only actually function for the week of the festival, and then be permanently deactivated and any money on them returned.
It seems like a medium-scale trial of alternative NFC payment methods - they've already launched the Paytag, a sticker that goes on your phone (or anything else) and turns it into a credit card, and Pingit, the mobile-to-mobile personal payments app.
I've applied for one of these Paybands, just to see what it's like, and to see if it'll work at my local McDonalds aswell as the festival.
If you feel like playing around with one, stocks are limited, so apply for one at the Payband website.

