OT partners with Swatch to offer NFC payment in Brazil

Monday 18 July 2016 | 12:48 CET | News
OT (Oberthur Technologies), a provider of embedded security software products and services, announces a key partnership with Swiss watchmaker Swatch to provide contactless payment to customers in Brazil. They will be able to pay with speed, security and convenience, just waving their stylish Swatch Bellamy watch close to contactless terminals enabled for NFC (near field communication) technology.

OT will provide its FlyBuySE (secure element), NFC chip embedded in the watch, and the personalisation of the product credit card data. OT's FlyBuySE is fully integrated within Swatch Bellamy watches. After buying the Bellamy Swatch, the owner automatically gets an account and an associated debit card with Brazil Pre Pagos. To activate it, owners just need to enter their data in the bank’s website  and credit the account following the rules defined by the bank, to then be able to make contactless transactions.

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