Author: Finextra

fintech payments

Timex launches range of contactless payment watches

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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