The "Smart Watch" doubles as a payment device.
| Position | New Products - Brief article |
The "Smart Watch" from ABnotes-LAKS, Fort Lee, N.J., enables customers to pay for a transaction through a wave of the wrist.
The watch is a payment device that is worn--not carried. Users simply wave the watch by a conforming, contactless payment reader to complete a transaction. The watch can be issued with a traditional companion card linked to the existing cardholder account and provides the option of using either the watch or card for payment.
The watch face can be customized with a...
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