Swatch takes the wraps off its mobile payments watch

Swatch has revealed that it’s working on a mobile payments watch that it’ll launch in partnership with banks in China. Bloomberg reports that the timepiece will…

Sourced through Scoop.it from: www.engadget.com

Swatch has revealed that it’s working on a mobile payments watch that it’ll launch in partnership with banks in China. Bloomberg reports that the timepiece will let users make purchases at point-of-sale machines in stores, thanks to an NFC chip that’s embedded beneath the dial. The device, named Swatch Bellamy, will launch in January 2016 in the country, priced at 580 yuan ($91), with releases in Europe and the US coming afterward. Unfortunately, we’re not sure too many people are going to be camping out days ahead of time to buy a bargain-basement fashion watch with an NFC chip inside. After all, you could buy a regular watch now and just grab an NFC sticker from any bank that offers them to its users.


See on Scoop.itWearable Tech and the Internet of Things (Iot)

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s