Oberthur Technologies (OT) has unveiled Flybuy, a range of devices that add NFC payments to existing wearables. The range includes a Flybuy Mini Fob — a very small contactless card with a boosted antenna that can be inserted into a wristband, keychain or specially adapted fitness tracker or watch — and a Flybuy Secure Element, allowing OEMs to be embedded directly at the manufacturing stage. “They can be used for payment but also for public transport and access control,” OT says.
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Cardless, contactless, and (credit card account) numberless. Magnetic stripes must go. The currency of credit card numbers must go.