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Tesco adds innovative payments

By Retail Technology | Tuesday March 8 2022 | UPDATED 08.03.22

US supermarket giant Tesco has partnered with an ID verification provider for a new payment system

Tesco Clubcard Pay+ is an innovative first for the UK market in partnership with Onfido, allowing Clubcard members to pay with their Clubcard and pick up extra Tesco Clubcard points wherever they shop.

Shoppers can add money and ringfence their grocery spend from any UK bank account into their Tesco Clubcard Pay+ account, using the free Tesco Bank mobile banking app.

Clubcard Pay+ also gives shoppers the power to save while they shop by rounding up their purchases to the nearest pound, saving the difference into a Round Up account.

Budget

Tesco Bank also plans to introduce additional features to Clubcard Pay+ which will further help families to budget and save whilst being rewarded for their spending.

Sigga Sigurdardottir, chief customer officer at Tesco Bank, said: “Tesco Clubcard Pay+ uses the Tesco Bank mobile banking app to deliver the latest measures and technology to give customers confidence and the highest levels of protection from fraud.”

 

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