Swatch, is now the mobile payments? – Computer Point

Rome – Swatch announced a partnership with Visa to integrate technology for contactless payments within its watches.
Through this agreement the company on clocks that will not be different from its traditional design , it will provide the NFC required to make payments without the need for cash: the idea of ​​the producer is to not get into the new field of smartwatch, but merely to include in its devices each additional features, as is the case of its Touch Zero One that is designed specifically for athletes.

The new product of agreement with Visa will cover the clocks into production next year: model that will be the first to adopt the “Swatch Bellamy”, named after the 1888 novel “Looking Backward 2000-1887″ writer Edward Bellamy that describes a utopian world where cash is being replaced by magnetic cards credit. The first cultural reference in this next evolution of payments according to Swatch.

Apart from the NFC, Swatch Bellamy does not seem to be equipped with other connections, either Bluetooth or WiFi, that leads observers to wonder how will the process authentication since it can not be connected to a mobile phone or other devices: the idea, perhaps, is that there is still need to enter a password.

Bellamy will only available for users cardholders Visa in the United States, Switzerland and Brazil , but the system promises to make payments accepted globally, that is, anywhere in the world will accept payments via NFC.

Claudio Tamburrino

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