Customers of Swedbank and Nordea Bank in Sweden are now able to load a Mastercard onto any of a range of fashion watches offered by three local watch brands and then use it to make wearable payments at any Mastercard merchant... More
PARTNER NEWS: Expresspay Card, a joint venture between China UnionPay and Bank of China that offers China’s only open loop prepaid card, has partnered with Tappy Technologies and watch brand Saga Watch to offer cardholders a wearable payments option that will be accepted at any merchant equipped to accept China UnionPay contactless payments... More
Chinese mobile device manufacturer Xiaomi has launched the Mi Band 4 NFC fitness tracker that supports contactless NFC payments and QR-based payments through AliPay and can be used as a key when combined with the company’s MI Smart Door Lock... More
TNS report shows alternative and cashless payments adoption at an inflection point with security a concern to wider usage — TNS — “44% of respondents are willing to make a payment using a wearable device like a ring or a bracelet; just under two-thirds (65%) expressed that security concerns would stop them from using a wearable device to make a payment; Australians are most concerned about security (68%) versus Americans (64%) and Britons (63%); more than half of male smartwatch owners have used it to make a payment.”
Kenyan social enterprise Food for Education is speeding up the rollout of its Tap2Eat NFC cash replacement system for subsidised school meals following a successful pilot in three primary schools in Nairobi involving 150 students... More
Swiss FinTech brand Armillion has unveiled the ultimate in wearable technology: a contactless payment bracelet that’s decorated with 252 cut diamonds, costs more than £60,000 (US$78,362) and can be used for purchases of up to £1m (US$1.3m)... More
Belgian bank KBC has reported on the take-up of the non-banking services such as car parking and transit ticketing that it has been adding to its mobile banking app since launching it last summer... More
A dress shirt which incorporates contactless payment technology in the cuff is set to go on sale this summer... More
Wearable-only payments are being introduced at three of the bars at Melbourne’s Albert Park race track for this year’s Formula 1 Rolex Australian Grand Prix, with plans to expand the service to the entire event in subsequent years... More
Barclays has announced plans to roll its bPay prepaid wearable payments offering into its Pingit mobile payments app, “giving 3.6m users access to simple ways to pay on the go”... More
Presentations from the Wearable Payment Summit at MWC Barcelona 2019 are now available to download from the NFC World Knowledge Centre... More
Visa and payments hardware specialist Planeta Informatica have come up with an easy way to add contactless payments at public transit turnstiles... More
PARTNER NEWS: Tappy Technologies has launched a platform which enables traditional brands to turn their watches easily into secure, contactless payment devices... More
NFC World partners Antelop Solutions, Dejamobile, NXP, Rambus, STMicroelectronics and Tappy Technologies will be in Barcelona for MWC19 from Monday 25 to Thursday 28 February... More
PARTNER NEWS: Hong Kong-based Tappy Technologies offers a range of wearable payments products including watch straps, wristbands and key fobs that come with an embedded contactless payment chip... More
PARTNER NEWS: STMicroelectronics has begun shipping the ST25R3916, an NFC universal device that contains “innovative features to simplify the design of payment terminals and ease compliance with new EMVCo 3.0 contactless interoperability tests for cards, mobiles, and wearables.”... More
PARTNER NEWS: NXP is adding support for FeliCa, the Japanese variant of NFC, to its NFC chipsets, beginning with a new PN81 series... More
PARTNER NEWS: A new NFC tag inlay, jointly developed by NXP and Identiv, is now available to order at an “unrivalled” price of US$0.05 per unit, “enabling a new generation of smart products across a wide range of end markets where NFC may have been previously considered price prohibitive.”... More
Wearable patch measures sweat in extreme environments — Physics World — “The wearable device, which does not need a battery or wireless technology, can collect real-time data on sweat loss, sweat rate, chloride concentration and skin temperature. This data can then be read by tapping it with a smartphone equipped with near field communications technology.”
Discover cardmembers can now make payments on the move with Garmin Pay — Discover — “Garmin Pay, which is powered by FitPay, is available on Garmin’s latest active lifestyle smartwatches… Discover cardmembers can use Garmin Pay at any merchant retail location that accepts both Discover and contactless Near Field Communication (NFC) transactions. Once a payment card is added to Garmin’s virtual wallet — which can be done through the Garmin Connect mobile app — users can tap and pay with just a few quick touches.”
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