G&D enables Contactless Payment with Swatch in China

Wednesday 4 November 2015 | 13:50 CET | News
Giesecke & Devrient (G&D) said it has enabled the first contactless payment watch in China. Bellamy, by Swiss watchmaker Swatch, has an embedded smart card chip and operating system. The smart card chip in the Swatch Bellamy is fully compliant with the security specifications for wearable products issued by China UnionPay and will allow worldwide contactless payments at all five million China UnionPay point of sales terminals equipped with NFC. The chip also features a debit card function, in this case linked to an account in the Bank of Communications, that can be used for cash withdrawal

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Categories: Mobile & Wireless
Companies: Giesecke & Devrient
Countries: China
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