Swatch partners with Visa to bring NFC payments to its analog smartwatch
See the original posting on The Verge
Swatch has announced that it’s bringing contactless payments to its forthcoming Bellamy smartwatch in the US next year. The Swiss company, which is the largest watchmaker in the world by revenue, originally unveiled the analog Bellamy in China this October. The watch doesn’t connect to the internet, but uses a near-field communication chip (NFC) to make payments at contactless terminals. Swatch has already signed an agreement with China’s only domestic bank card company, the state-run UnionPay, but has now struck a deal with Visa to bring the Bellamy’s “pay-by-the-wrist” function to the the US, Brazil, and Switzerland.
Swatch says the Bellamy will be available to consumers in “early 2016,” but has yet to announce specific launch dates….