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Mentioned Companies:

Tokenized Wearables for the Fashion/Design Industries

Watches, rings, bracelets and other wearables that incorporate contactless payment technology have been available for more than five years. However, overwhelmingly those wearables are disposable wristbands sold for use at sporting events and concerts. They almost always are a private label prepaid product sold with a fixed monetary value and are not reloadable. Adding personalized general purpose credit and debit card credentials into a wearable for use everywhere contactless payments are accepted has proven to be challenging to roll out at scale. However, that could soon change using techn...

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July 2021
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