What's New in Payments

Brazilian fintech Trigg offers wearable payments bracelet to cardholders

Trigg launches a bracelet that works like a credit card — Visa Brazil (Translation) — “The bracelet is elastic silicone, waterproof and was designed for an audience that wants a payment method that speeds up the shopping process and can be used during sports activities, while enjoying a swim on the beach, paying for a manicure or even while enjoying a show, without worrying about needing a physical wallet.”


What's New in Payments

UK challenger bank Starling adds support for Fitbit Pay

Digital challenger bank Starling is the first to support Fitbit Pay in the UK — City AM — “Customers of digital challenger Starling will be able to pay using their Fitbit smartwatch as it becomes the first bank in the UK to support Fitbit Pay… Starling added support for Apple Pay, which works on both the Apple Watch and iPhones, over the summer and Android Pay in September.”


What's New in Payments

Westpac to offer wearable payment options to customers

Westpac reveals ‘PayWear’ wearable payment technology — Westpac — “When speaking with customers, personal style and choice were important. In fact, 70% agreed that they would only wear a wearable device if it suited their own personal style and lifestyle. This is why we will collaborate with iconic Australian designers to create a variety of wearable accessory designs to suit different tastes, preferences and styles.”


What's New in Payments

White paper sets out how fashion brands can add payments, loyalty, ticketing and more to wearable devices

Covershot: "Enabling the future of wearables: Making payments a seamless experience"

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



What's New in Payments

Fitbit Pay goes live in Switzerland

Switzerland becomes first European country to allow Visa payments on Fitbit smartwatch — Telecompaper — “Visa is introducing its mobile payment function for the Fitbit smartwatch in Switzerland, the first European country to get the service… To pay with Fitbit Ionic, the Visa card of a partner card issuer must be loaded into the Fitbit companion application. Currently, this is possible for customers of Cornercard. BonusCard and other banks will follow.”


Transit Ticketing Today

Moscow Metro to offer contactless payment rings to commuters

Moscow Metro to introduce fare payment rings — The Moscow Times — “The gadget will allow commuters to pay their fare anywhere that accepts the Troika transport card. The pass gives commuters access to Moscow’s bus, train and metro systems and is currently used by an estimated 10.5 million people… The payment rings will go on sale at the Moscow metro’s two souvenir shops and kiosks at a dozen stations across the Russian capital.”


What's New in Payments

M-Pesa rolls out contactless tags and wristbands for faster mobile money transactions in stores

Safaricom extends M-Pesa 1Tap — Safaricom — “Following successful trials over the last four months in Nakuru, Safaricom has today announced the availability of M-Pesa 1Tap in Nairobi, Mombasa, Kisumu, Eldoret and Nyeri… To make a payment, a merchant will key in the payment amount into their device, tap the customer tag, and the customer will then key in their pin on their phone to validate the payment. This cuts down the steps involved from more than eight steps using the M-Pesa tool on SIM cards to just one step for the customer.”




NFC World

Nike to connect with basketball fans via NFC tags in NBA jerseys

Nike and NBA introduce new statement edition uniform, first on-court hooded jacket and the first NBA Connected Jersey, the future of fan apparel — Nike — “Using new NikeConnect technology, each adult-sized Nike NBA Connected Jersey will have an embedded NFC chip that will launch real-time team and player content such as pregame arrival footage, highlight packages and top players’ favorite music playlists — all on the jersey owner’s mobile device. Throughout the season, a wealth of exclusive offers and experiences will bring fans closer to the game they love.”


What's New in Payments

CBA to support Garmin Pay wearable payments in Australia

Commonwealth Bank announces new ways to pay with Android Pay and Garmin Pay — Commonwealth Bank of Australia — “In June this year we saw weekly transactions across the CommBank app hit A$6.1bn (US$4.89bn) so we know customers love using their phones to make payments and do their banking. Since 2013 our customers have been able to use their smartphones to make payments. By offering customers the ability to pay with Android Pay and with their Garmin smartwatches we are combining choice and convenience.”







NFC World

Tech company workers agree to have microchips implanted in their hands

Tech company workers agree to have microchips implanted in their hands — ABC News – “Some workers at a company in Wisconsin will soon be getting microchips in order to enter the office, log into computers and even buy a snack or two with just a swipe of a hand… Three Square Market is footing the bill for the microchips, which cost US$300 each, and licensed piercers will be handling the implantations on August 1.”




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