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Busking goes cashless with 'a world first' for London | |
(35 minutes later) | |
London has introduced a contactless payment scheme for buskers in what the organisers claim is a world first. | London has introduced a contactless payment scheme for buskers in what the organisers claim is a world first. |
In addition to tossing loose change into a box, passers-by can use card readers to make contactless payments. | In addition to tossing loose change into a box, passers-by can use card readers to make contactless payments. |
It has been launched in partnership with Swedish tech firm iZettle, bought this month by US payments giant PayPal. | It has been launched in partnership with Swedish tech firm iZettle, bought this month by US payments giant PayPal. |
"Now, more Londoners will be able to show their support to the capital's brilliant, talented street performers," said London mayor Sadiq Khan. | "Now, more Londoners will be able to show their support to the capital's brilliant, talented street performers," said London mayor Sadiq Khan. |
He announced on Sunday that the scheme will be be rolled out across the city after successful trials. | He announced on Sunday that the scheme will be be rolled out across the city after successful trials. |
Charlotte Campbell, a full-time busker, was part of the trial and says that after two weeks it "had a significant impact on contributions". | Charlotte Campbell, a full-time busker, was part of the trial and says that after two weeks it "had a significant impact on contributions". |
The card readers, which plug into smartphones and other devices, allow tap-to-donate fixed payments. "More people than ever tap-to-donate whilst I sing, and often, when one person does, another follows," Ms Campbell said. | |
The organisation Busk in London, which is working with iZettle on the scheme, said it would be made available to buskers in all the capital's boroughs over the coming months. | The organisation Busk in London, which is working with iZettle on the scheme, said it would be made available to buskers in all the capital's boroughs over the coming months. |
Using card readers for online payments is becoming increasingly popular among small traders and charities who cannot afford the infrastructure traditionally used for credit card payments. | Using card readers for online payments is becoming increasingly popular among small traders and charities who cannot afford the infrastructure traditionally used for credit card payments. |
Earlier this month PayPay announced it was buying iZettle for $2.2bn (£1.6bn). | |
Founded in Stockholm in 2010, iZettle started out selling credit and debit card readers, but has more recently expanded with an e-commerce platform which tracks items such as sales and inventory for its customers. | Founded in Stockholm in 2010, iZettle started out selling credit and debit card readers, but has more recently expanded with an e-commerce platform which tracks items such as sales and inventory for its customers. |