Orange and T-Mobile customers will soon be able to ditch their wallets by turning their mobile phone into their cash card, after Everything Everywhere, the parent company, announced a new deal with Barclaycard.

The companies will launch the UK’s first commercial contactless mobile payments service, to be rolled out by Everything Everywhere and Barclaycard by early summer – before July.

The new service will offer consumers greater convenience and control on the high street with over 40,000 stores ready to accept contactless payments.

“This is the beginning of a revolution in how we pay for things on the high street. It’s a cultural shift that is as important as the launch of the personal credit card or ATMs,” said Gerry McQuade, chief development officer of Everything Everywhere, who is clearly excited by the news of the deal. “We’re making something that’s been talked about for many years a reality and very soon, using your mobile to buy a sandwich, a cinema ticket or in time, even something bigger like a computer will simply be the norm.”

However, the company remained coy as to which handsets the service will work on when Pocket-lint asked. It currently leaves the Google Nexus S, launched in December 2010, as the only handset that currently works with the new service.

There are currently in UK 11.6m contactless credit and debit cards already in circulation, of which, over 10m have been issued by Barclaycard and Barclays.