Timex has joined forces with Visa, Tappy and Chase to launch a range of watch straps that can be used to make contactless payments. Watchmaker Timex first teamed up with Tappy, a Hong Kong-based outfit that has developed token payments technology that can effectively turn any watch into a credit or debit card, in 2019.
Now, the Timex Pay collection of watches come with a payments chip embedded into the strap, meaning no batteries or charging.
Users download a Timex Pay app and link it to a Chase Visa credit or debit card to make contactless payments.
Source: Finextra
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