In 1966, Barclaycard introduced the first credit card to the UK. It remained the only British credit card until 1972. Ever since, it has been developing a host of payment solutions to meet the needs of businesses from a variety of industries. It offers full-service payment solutions provider, offering terminal rentals, online payment gateways, merchant accounts, and virtual terminals, to businesses.
Operating in more than 40 countries around the world and employing 12,500 people, Barclaycard is one of the core businesses of multi-national bank, Barclays. It introduced the UK’s first debit card in 1987. In 2011, Barclaycard while partnering with Orange because the first financial entity in Europe to launch contactless mobile payments. It made history again in August 2015, when Barclays became the first UK high street bank to accept bitcoin for charitable donations. Currently, more than 87,000 retailers are using Barclaycard’s services.