Westpac launches designer wearable payments range

Hayden Cox and Westpac have teamed up to create wearable technology accessories that you’ll actually want to wear — Vogue — “The five designs include a convertible and waterproof two-in-one Band and Chain; a Slimline Keeper to add to your watch or fitness band; an ultra-minimal Incognito Pin ‘brooch-like’ set that includes four unique toppers; an anti-fashion late 70’s-inspired Nostalgia Pin; and an ‘out of site’ and internal-facing iron/sew on Centsitive Patch.”


GlobalPlatform adds financial configuration that makes it easier to add payment, access control and transport ticketing applications to wearables

GlobalPlatform enhances secure element deployment for payment-enabled wearables — GlobalPlatform — “Wearables such as smart rings and smart wristbands are bridging the gap between simple cards and feature-rich smartphones by enabling consumers to pay, unlock and travel with a tap,” comments Gil Bernabeu, technical director of GlobalPlatform. “This new configuration standardizes all of this, saving implementers time and money, increasing revenue opportunities and enriching the experience for consumers.”




ANZ lets customers use smartphones and smartwatches to withdraw cash from ATMs across Australia

ANZ launches smartphone ATM access in an Australian first — ANZ — “ANZ today announced a new way for customers to access cash on the go, using only their smartphone or watch at 2,400 ATMs across Australia… There are more than one million ANZ customers currently using digital wallets loaded with an ANZ-issued card. Between October 2017 and August 2018, ANZ customers made more than 57m mobile payment transactions worth more than A$1.83bn. This was an increase of more than 150% in transaction numbers from the same time a year earlier.”


Huami includes NFC for travelcards, payments and access control in $116 budget smartwatch

Huami announces launch of new Amazfit Verge smartwatch — Huami — “Digital wallet functionality in conjunction with UnionPay and Alipay, combined with integrated one-touch public transportation payment in over 160 cities in China, [helps] users capture the convenience of full digital transactions (through NFC and QR codes). The Verge can be also used as entrance access device utilising NFC technology.”


Xiaomi to ship $29 fitness tracker with support for Mi Pay NFC payments

Xiaomi Mi Band 3 NFC version to go on sale on September 19; Total wearable sales exceed 50m — Gizmochina — “The company has officially confirmed that it will begin the sales of the Mi Band 3 NFC edition starting from Sept 19 with a price tag of 199 Yuan (US$29 approx)… Apart from supporting contactless payment POS terminals enabled with NFC, the Mi Band 3 NFC version will support city bus card payments in [as] many as 167 cities such as Beijing, Shanghai, Guangzhou, Shenzhen, Wuhan, Tianjin, Shijiazhuang, Suzhou, Hefei, Xi’an, and Jilin among others in China.”



Moscow Credit Bank issues NFC payment rings

Non-contact payment ring of the Moscow Credit Bank — Moscow Credit Bank (translation) — “Visa payment card of the Moscow Credit Bank with support for NFC technology allows you to pay for purchases with one stroke of your hand… To pay for a purchase, it is enough to touch the ring to a terminal that accepts contactless payments. The payment ring is made of impact-resistant waterproof ceramics, so it will become indispensable for athletes and active lifestyle lovers.”


Wear OS update lets smartwatch users make faster NFC payments

Google’s redesigned Wear OS might make smartwatches worth buying again — Mashable — “Previously, if you wanted to use Google Pay on your smartwatch, you’d need to launch the app, which was a multi-tap process. Now, you can make a payment much quicker. It’s not as quick as double-pressing the side button on the Apple Watch to fire up Apple Pay, but it’s way faster than the old way.”





Amex tests wearable payments at the US Open

American Express backs card members and fans with innovative benefits at the 2018 US Open Tennis Championships — American Express — “To enhance the overall end-to-end fan experience, American Express will launch new services such as the Amex Band, a contactless payment wristband that allows eligible Card Members to pay for purchases and unlock unique benefits with a tap of the band.”


Fossil launches Gen 4 smartwatches with Google Pay support

Fossil unveils its most tech-packed touchscreen smartwatch to date — Fossil — “Exclusively compatible with Google Pay (transit and pay currently available in select countries), NFC prevents users from having to pull out their card every time they need to complete a transaction. With a few taps, your card is ready on watch to streamline any checkout experience. Security is an obvious consideration, and users set up a unique lock code on their watch to help protect from any identity or data theft.”


Handelsbanken pilots waterproof payments wristbands

Handelsbanken, BankAxept and Evry launch contactless payment from micro bank cards in wristbands — Evry — “This micro bank card makes paying for small purchases quicker and simpler than any other solution currently available to customers. You can, for example, have this small waterproof card in a wristband on the beach so you can buy an ice cream as soon as you get out of the water without having to first fetch your wallet or mobile. We therefore think many people will like this solution and will use it on a day-to-day basis.”


Football fans use contactless for one in two transactions at World Cup stadiums

Visa data shows one fifth of purchases at 2018 Fifa World Cup use contactless technology — Visa — “Visa, the official payment services partner of Fifa, today released an analysis of foreign travellers’ spending during opening days of 2018 Fifa World Cup. The results found that in the 11 Russian host cities of the tournament, approximately one in every five (17%) purchases with Visa used contactless payment technology, including smartphones, bracelets and rings. In the stadiums themselves, the share of contactless payments was 54%, inclusive of purchases made by fans from Russia and abroad.”



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