News about Smart watches.
July 20th, 2016
Apple Pay has launched in Hong Kong with support from Mastercard, Visa and American Express. Participating banks include Bank of China (Hong Kong), DBS, Hang Seng Bank, HSBC and Standard Chartered, with support from The Bank of East Asia (BEA) and Tap&Go “coming soon”.
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…
February 23rd, 2016
PARTNER NEWS: A new reference design for wearables from processor designer ARM includes high-performance NFC technology from AMS that enables small-footprint devices with tiny antennas to couple with NFC readers as easily and reliably as…
November 30th, 2015
Swiss luxury watchmaker Swatch has confirmed that it has signed an agreement with Visa and Visa Europe to enable eligible cardholders in the US, Switzerland and Brazil to tap and pay with the Swatch Bellamy watch.
November 26th, 2015
Luxury watchmaker Swatch has signed a contract with Visa to roll out its Bellamy NFC payment watch following its debut in China in October 2015. “[Swatch CEO] Nick Hayek confirmed that a contract was signed with Visa — he gave no further details,” Le Temps reports. The newspaper says that the brand is preparing to launch Bellamy in countries including the US and Switzerland in early 2016.
October 20th, 2015
Commuters in Dubai may soon be able to pay for travel using contactless watches from Watch2Pay. “People will be able to use the NFC-enabled watches to pay for metro, bus and taxi fares as well as using them for shopping through the embedded credit card,” Khalid Al Awadhi of Dubai’s Roads and Transport Authority (RTA) told Gulf News. “We have tested the devices and they have received the pass certificate by our technical team.”
September 1st, 2015
Sony is crowdfunding a new smartwatch called Wena Wrist that is equipped with NFC payments compatible with the Japanese Felica standard. If the campaign is successful, two different models of the smartwatch will be available in both silver and black.
September 1st, 2015
Samsung has unveiled the Samsung Gear S2, its latest smartwatch which includes NFC for payments. “Samsung is working to expand the usability of wearables,” the company says, “including smart car keys, residential room keys and remote controls to manage a connected home.” The Gear S2 and Gear S2 Classic will be showcased at Tempodrum, Berlin this week.
August 28th, 2015
More than a quarter of UK consumers (27%) think they will be making payments using wearable devices including watches and wristbands within 10 years, 22% think they will be regularly using their fingerprint to make…
August 26th, 2015
More than 620m mobile banking apps that support biometrics for customer authentication and transaction verification will be downloaded by 2020, research from Goode Intelligence predicts. “Additionally, almost 160m wearable devices will be benefiting from seamless biometric authentication for accessing banking services on a variety of wearables, including smartwatches and bands,” the company says.
August 4th, 2015
MasterCard has approved a solution that enables payment credentials to be provisioned to wearable devices with a secure element and NFC antenna. The move could give consumers the option of buying any wearable from a…
July 27th, 2015
Payments made using wearable devices such as smart watches, fitness trackers and wristbands will grow from US$3.1bn in 2015 to $501.1bn worldwide by 2020, research from market intelligence firm Tractica finds. “By that time, wearable payments will represent approximately 20% of the total mobile proximity transaction volume and about 1% of total cashless transactions in retail,” the firm adds.
June 8th, 2015
Samsung is planning to offer Samsung Pay mobile payments on the smartwatch devices it is scheduled to launch in the second half of this year. “Samsung would use NFC technology to support mobile payments on the smartwatch,” Reuters reports, citing South Korea’s Electronic Times newspaper. Samsung managing director Park Jin-young hinted that the service may work on its smartwatches during the company’s April 2015 first quarter earnings call.
April 30th, 2015
Samsung managing director Park Jin-young hinted during the company’s first quarter earnings call that the forthcoming Samsung Pay system may also work with its smartwatches. The mobile payments service is expected to launch in the US and Korea “in the latter half of the year” with the roll-out schedule for other territories still under discussion, reports WhowiredKorea.
March 4th, 2015
Watch maker Pebble has smashed through a US$500,000 crowdfunding target, raising nearly $16m in a matter of days to produce its new Pebble Time smart watch with a colour display. The device will connect to Smart Straps, interchangeable wristbands that can contain electronics and sensors that interface directly with apps running on the watch. “Now everything is possible — GPS, heart rate monitor, NFC, battery extension, you name it!” says the company.
February 27th, 2015
An LTE-equipped variant of LG‘s new luxury smart watch will offer NFC mobile payment functionality, reports Engadget. The Watch Urbane LTE can also make phone calls and features a bevy of sensors including a gyroscope, accelerometer, compass, atmospheric pressure, heartbeat, and GPS. The watch is due to be unveiled at Mobile World Congress.
February 16th, 2015
A bracelet that combines an e-ink display with NFC to let the wearer change its design by simply selecting an image on a mobile app and tapping their smartphone against the bracelet has beaten its…
December 2nd, 2014
Canada’s Scotiabank has launched a Quick Balance app for the Samsung Gear 2 and Samsung Gear S smartwatches that lets customers check their account balance with a swipe of the screen. “We have seen a definite shift in the way consumers are interacting with our products and services,” says the bank’s Jeff Marshall. “It is our goal to stay ahead of the curve by developing self-service banking solutions for Canadians before they know they need them and, ultimately, a richer banking experience for our customers.”
November 19th, 2014
A white paper examining the attitudes of consumers to using smartwatches and other wearables for payments, ticketing and other applications is now available to download from the NFC World+ Knowledge Centre. Wearables: Geek Chic or…
November 14th, 2014
Waiters in a Paris restaurant have been equipped with mobile phones that let them take orders on the go — and smartwatches that let bartenders and kitchen staff alert them when an order is ready to be served, avoiding delays and improving service times.