My sources tells me that Barclaycard and the Royal Bank of Scotland are quietly working together on implementing a common RFID terminal for use in UK retailers.
The gameplan is to roll-out PayPass and Wave in the UK in the third quarter of 2007, with a national launch, and not a trial.
Assuming all goes well with the launch, the plan is to enable all UK debit cards - Maestro and Visa Delta - with an RFID facility by 2010, as well allowing selected credit card issuers, including Amex, to Wave/PayPass-enable their cards under the program.
The plan is to make all transactions under a tenner route through the PayPass/Wave program, which does not require a PIN or signature, and for transactions above this level to be processed using Maestro, MasterCard and Visa as normal.
I still have severe reservations about RFID cards - what happens if you have more than one card in your wallet and the system registers the wrong card?
This is one person who won't be signing up for a PayPass or Wave card in too much of a hurry - cash may be cumbersome, but for small value transactions it's very useful.
And it doesn't leave a Big Brother-style trail either...