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Tesco to relaunch digital wallet as Tesco Pay+

Tyrone Stewart

Tesco Payqwiq Pay+Tesco is preparing to relaunch its PayQwiq digital wallet app as Tesco Pay+, after rolling out PayQwiq to every store in the UK at the beginning of the year.

Payqwiq was initially trialled in 42 stores in 2014, before the pilot was extended in 2016 to 600 Tesco stores nationwide. The digital wallet enables customers to pay for their shopping while collecting Clubcard points, all through the app. Customers can pay in-store by simply scanning their phone on the scanner, once their debit or credit cards have been registered. It has a single transaction limit of £250 and provides the customer with a transaction history.

Tesco Pay+ will be rolled out for both Android and iOS devices, enabling all customers with the app to pay with the need to carry any cards when they go shopping.

“We are really excited to be telling customers today that their digital wallet will soon be changing its name to Tesco Pay+,” said Mark Loch, digital wallets and group payments strategy director at Tesco. “The journey of our digital wallet has been an exciting one and we’ve learned a great deal about our customers and how they shop in that time. We believe that Tesco Pay+ is going to help the customer journey, offering greater little helps, and we’re looking forward to revealing more in a few weeks’ time.”