• Mobile Commerce Daily, Monday, July 11, 2016 9:05 AM

Barclaycard is introducing bPay Loop, a small case comprising a contactless chip, so that wearable owners can transform their existing watches and fitness bands into vehicles for contactless payments, highlighting a new commerce opportunity. The Loop case can be slid onto any consumer’s fitness band or watch buckle, enabling that individual to make contactless payments totaling £30 and under at 400,000 locations across Britain. The new device rollout comes on the heels of several financial marketers’ recent innovations within the wearable industry, suggesting that their popularity and potential has not yet hit its peak.

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