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.”



Bankwest wins new customers with NFC payments ring

With this ring, I do my banking — Information Age — “An experiment in wearable payment tokens has become such a successful drawcard for new customers that Bankwest technologists have found themselves on a crash course in the dynamics of the fashion accessory market… Customers loved the rings so much that, despite the absence of formal advertising campaigns, they have proved to be adept at attracting new customers – who have snapped up half of all rings sold to date.”


Garmin adds NFC payments to Fenix smartwatches

Garmin debuts the Fenix 5 Plus, adds maps, music, Garmin Pay and wrist-based Pulse Ox to its popular multisport GPS watch series — Garmin — “Garmin International Inc, a unit of Garmin Ltd, today announced the Fenix 5 Plus series, its next generation of GPS multisport watches with built-in routable topographical maps, storage for music playlists, Garmin Pay contactless payment solution and wrist-based Pulse Oximeter 1 for altitude acclimation awareness.”




ABN Amro pilot finds customers prefer making wearable payments

Wearables favourite when paying — ABN Amro — “ABN Amro launched a pilot earlier this year in which 500 clients were asked to make payments using wearables. Of these clients, an impressive 78% now prefer the wearables, and only 19% prefer their debit cards. On average, clients make six payments a week for amounts under 25 euros. ABN Amro is extending the pilot to test new functionalities with this pilot group.”


Walmart applies for multiple automated shopping patents

Walmart files patent applications for drone shopping assistants and smart shopping carts — The Verge — “One of the patents is clearly for the in-store experience, and proposes a sensing device to make shopping carts smart and communicate with a mobile device… There’s also a patent that tracks users through wearables, and several for managing/sensing inventory levels. Walmart has also filed a patent for drones that would assist customers shopping in-store… There are also two patents for autonomous tech. One outlines a method for detecting items placed in a container.”


Samsung Pay goes live in Italy

Samsung Pay continues global expansion with launch in Italy — Samsung — “Starting today, Samsung Pay is available to users in Italy with compatible Samsung devices, including wearables like the Samsung Gear S3 and Gear Sport, and the new Galaxy S9 and S9+… Several value-added features will be available exclusively to consumers in Italy. These include discounts up to 20% on popular brands, including Daybreak Hotel, EF Education, Leroy Merlin and Moleskin.”



Google expands support for wearable payments to Canada, Spain, and Australia

Google Pay on Wear OS officially spreads to three new countries — Android Police — “In addition to using NFC-equipped watches to make regular mobile payments, users in Australia can use their Wear OS devices with the Opal ticketing system to pay for single-trip tickets on select rail and ferry lines… Formerly, Google’s payment service was only supported on Android Wear (now Wear OS) devices in the US and the UK.”


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