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Swatch, Visa Partner for NFC Smartwatch

Swiss watch maker Swatch teamed with Visa and its Visa Europe subsidiary to enable NFC-based contactless payments on its forthcoming Bellamy smart watch. Swatch said the "pay-by-the-wrist" watch would initially be available to consumers in Switzerland, the U.S. and Brazil from early 2016, when the Swatch Bellamy is due to launch. The payments service can then be used anywhere that contactless NFC-based Visa payments are accepted. In a statement announcing the collaboration, Swatch said the Bellamy smart watch would "open a new era of connected commerce" and would tap into the growing acceptance of contactless payments around the world.

Read the whole story at FierceWireless Europe »

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