Nearly nine in 10 European consumers using a contactless payment ring say that it is their preferred method for making contactless payments (89%) compared with smartphone payments (49%) and payment cards (44%), according to a Mastercard survey... More
EXHIBITOR NEWS: Contactless wearables brand Tapster has launched a ring that uses the Fidesmo Pay platform to enable the wearer to make tokenized contactless payments... More
NFCW EXPO: Canada-based Tappy Technologies’ showcase in the NFCW Expo is now open, featuring panel discussions exploring the future of wearable payments and a product demo of the tokenized payments technology that forms the backbone of Timex Pay... More
PARTNER NEWS: Mastercard has announced a strategic partnership with Tappy Technologies that will see the two companies working together to let fashion brands easily add contactless payments to watches, jewellery and other accessories... More
The UK’s Royal Mint has unveiled a payment card that is produced entirely from 18-karat gold and comes with “no spending limit”... 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 partnered with wearable transactions specialist Fidesmo to provide smartwatch and wearable device makers with a single payment system-on-chip (SoC) solution that comes with built-in support for Mastercard payments... More
Adding payments capabilities to watches and fitness trackers deliver benefits beyond simply meeting customer demand for new and innovative products, Barclaycard’s Adam Herson says... More
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.”
Bankwest Halo: Make simpler, faster payments with our wearable payment ring. — Bankwest — “Bankwest Halo is the latest in wearable payment tech. It works exactly like your contactless cards, just grab the things you need, fist-bump the terminal and go… Your personalised ring has a payment device fee of A$39 which is payable for its manufacture, use and setup… There is no fee to register your interest or to receive your free sizing kit.”
Fashion brands looking to include payments capabilities in their wearable devices need solutions that are pre-certified, inexpensive, easy to implement and offer the wearer the ability to quickly and easily add their choice of payment, transit, loyalty and identity cards throughout the lifetime of their watch or fashion accessory, wearables platform provider Fidesmo explains in a new white paper which is now available to download free of charge from the NFC World Knowledge Centre... More
PARTNER NEWS: STMicroelectronics has launched a new NFC payments module which is designed to overcome the space and cost constraints faced by wearable devices makers by integrating a miniaturized contactless radio booster with a secure microcontroller in a 4mm by 4mm package... More
Barclaycard’s bPay contactless payment technology is to be embedded into a range of high street jewellery and watch brands across the UK through new partnerships with fashion jewellery retailer DCK Group and payment technology provider for the watches and jewellery industry Tappy Technologies... More
Holidaymakers aboard Carnival Corporation cruise ships will soon be given an NFC and Bluetooth Low Energy (BLE) enabled wearable device, designed by the man behind Disney’s MagicBand, that will let them access a range of next generation services including boarding without checking in, unlocking rooms, accessing personalised entertainment, ordering food and making payments. More
NFC Ring has made its payments ring available to order worldwide, enabling wearers to make purchases with a tap of their finger at any contactless terminal. More
Connected device maker Coin has partnered with MasterCard to enable NFC payments on a range of fitness bands, smartwatches and other wearable devices. Fitness wearable designers Atlas Wearables and Moov and smartwatch provider Omate are the first to implement the NFC payments technology into their products. More
A US startup is raising funds on Kickstarter for its first production run of Lockett, a customisable necklace that can be tapped with an NFC phone to retrieve personal photos, videos and messages... More
Bluetooth beacon provider Sensoro has linked together the 110,000 Bluetooth Low Energy (BLE) beacons it has deployed across China to create a single platform that marketers can use to send highly targeted offers to shoppers... More
Wearable payments startup PureWrist has begun taking pre-orders for a bracelet that comes equipped with a prepaid MasterCard account and lets its wearer make NFC payments at any contactless terminal with a tap of the wrist. The company showcased the product during its StartupPitch180 presentation at Money20/20. More
MasterCard has extended the capabilities of its tokenization service to enable payments to be made using “virtually any device”, including NFC-enabled clothing, jewellery and vehicle keyfobs. “Products will begin rolling out in 2016 in the US,” the payments network says, “with plans to expand to other markets.” More