Mobile payments and IoT trends for smartwatches

Internet of things, monitoring for insurance and mobile wallet expansion are three of the key emerging smartwatch app trends found in research by Parks Associates. Leading Smart Watch Apps: Insights into Wearable Use Cases also shows Apple Watch owners are more engaged with their devices than all other smartwatch owners. “The two primary smartwatch use cases are fitness tracking and notifications, but use cases such as mobile payments, smart home and security, and vehicle access are emerging,” says Chris Tweedt from Parks Associates.

  • Willam Hugh Murray, CISSP

    Paying with my Apple Watch is the most convenient way to pay at the point of sale. MyCheck, with Apple Pay, is my favorite at restaurants and bars. I like Apple Pay and PayPal for online. I avoid cards but prefer them to cash or checks.