News about Wearables.
May 25th, 2016
Consumers in Singapore can now add their MasterCard and Visa cards to Apple Pay, after the mobile payment service launched there in April 2016 with support from American Express alone. Five of the country’s major…
May 24th, 2016
Customers at Pizza Hut locations in Asia will soon be able to place orders, receive offers and complete payments on a tablet held by Pepper, a humanoid robot developed by SoftBank Robotics. The transactions will be completed through MasterCard’s MasterPass digital wallet service.
May 23rd, 2016
Owners of a Pavlok wearable device will now be given an electric shock whenever they spend too much money using a new service developed by UK-based Intelligent Environments.
May 19th, 2016
Fitness wristband maker Fitbit has acquired the wearable payment assets of connected device maker Coin in a move that will enable the company to add NFC payment capability to its future devices.
May 18th, 2016
UK consumers can now make a £2 donation to the Blue Cross animal charity by tapping their contactless card against specially designed jackets worn by dogs. Each jacket houses a PayPal Here contactless terminal, which launched…
May 18th, 2016
PARTNER NEWS: The US Department of Transportation (USDOT) has expanded its Smart City Challenge initiative to include NXP’s RFID tagging solutions and smart card ICs. The addition of NXP RFID tagging will enable automatic vehicle…
May 11th, 2016
Cornèr Bank has signed an agreement with Swiss luxury watchmaker Swatch to make its Cornèrcard available for payments on the Swatch Bellamy NFC watch from mid-June. “Clients can sign up with the bank, pre-load the watch with funds and start shopping in Switzerland and around the world wherever Visa contactless is accepted,” Swatch says. Swatch confirmed its agreement with Visa and Visa Europe to roll out the NFC payments watch in the US, Switzerland and Brazil in November 2015.
May 10th, 2016
PARTNER NEWS: Visitors to the 2016 Eurovision Song Contest (ESC) in Stockholm, Sweden, this month will be able to purchase contactless payment wristbands that will enable payments at any Visa contactless terminal in the world. The wristbands, which will be active until the end of October, will be rolled out by Visa and digital security giant Gemalto.
May 4th, 2016
Nearly a third of European consumers (32%) have now made an in-store mobile payment, research by Fujitsu shows, while 22% have adopted wearable technologies. 44% still use cash every day, 37% would consider leaving their current bank or insurer if they don’t offer up-to-date technology, 47% would let banks or insurers use their data to recommend relevant products and services and 44% want their data used to keep them informed of their spending habits.
April 26th, 2016
Almost three quarters of UK consumers (73%) do not expect to be using cash in five years’ time in light of the rise of contactless payments and mobile wallets, research released by digital media agency Starcom reveals, and a third believe cash will be extinct within the next 15 years.
April 20th, 2016
PARTNER NEWS: NXP has teamed up with HID Global to work on enabling consumers to open electronic locks at commercial buildings, hotels and workplaces with a tap of an NFC wearable device.
April 18th, 2016
Healthcare technology provider MC10 and product solutions provider PCH are to commercialise MC10’s Wearable Interactive Stamp Platform (WiSP), an ultrathin, stretchable and disposable stamp worn on the skin that will enable brands to develop a “variety of consumer applications” including NFC payments.
April 12th, 2016
Nearly two thirds of Americans with an Apple Watch (61%) use the device to make payments with Apple Pay, research from Fluent reveals. “With 61% saying they have made a purchase using their watches, there is room for improvement but that’s a healthy number of users right out of the gate and should only grow with future releases,” the firm’s Jordan Cohen writes in a blog post.
April 11th, 2016
The global value of NFC mobile and wearable payments is expected to reach US$95bn annually by 2018, up from less than $35bn last year, according to Juniper Research. “Apple’s entry into NFC gave the industry a much needed boost and could well be seen as the tipping point for the technology,” says the firm’s Nitin Bhas.
April 5th, 2016
Barclays bank debit cardholders and Barclaycard credit cardholders can now use Apple Pay to make mobile payments, nine months after the service launched in the UK without the participation of the ‘big four’ bank. “The…
April 4th, 2016
The increase in the UK contactless card payment limit from £20 to £30 has had “a transformative effect” on consumer spending habits, according to Visa Europe, with contactless transactions over £20 seeing an average monthly…
March 31st, 2016
NFC World partners Proxama, Giesecke & Devrient, Gemalto, Carta Worldwide and Bell ID will be exhibiting at the Money20/20 Europe expo in Copenhagen from April 4-7.
March 30th, 2016
Customers of mobile network operators M1, Singtel and StarHub can now pay for journeys on public transport services in Singapore with a tap of their NFC device as a result of a partnership between the Land Transport Authority (LTA), Infocomm Development Authority of Singapore (IDA) and transport card issuer EZ-Link.
March 24th, 2016
A white paper that examines the advantages of using new, digital PIN delivery mechanisms to replace traditional PIN mailers is now available to download from the NFC World+ Knowledge Centre.
March 18th, 2016
Luxury watchmaker Swatch will focus its smartwatch activities on its plastic Swatch brand before considering the technology for its pricier models. “Making progress in the smartwatch market is crucial for Swatch, which is seen as the most vulnerable of the Swiss watchmakers to inroads by the Apple Watch and similar watches produced by Samsung Electronics and others,” The Wall Street Journal reports. The company launched its first NFC payments watch, the Swatch Bellamy, in China in October 2015.