Tuesday 29 November 2011

Wallet-in-watch, taking out the fumble factor…

New high-techwatch contains chip that allows you to settle payments by tapping it at the till, instead of having to rummage in a bag
The £99 gadget can be used at 70,000 shops in the UK, and currently have a payment limit of £15 per transaction
They contain a chip similar to a mobile phone’s SIM card that allows you to settle up by tapping the watch on a special terminal at the till.
The beginning of the end, or the end of the beginning in digital payment?

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