January 21, 2015
The so-called smart-bands come embedded with contactless technologies to offer perhaps the easiest way to pay. These smart-bands are capable of storing transaction information and thus find usage in payment applications. Numerous payment methods have sprung up over the past years and so have new ways to initiate those. Smart bands can indeed be one of the most convenient and interesting way of making payments. Here are some existing smart bands in the market that you can adopt:
The bPay band has been developed by Barclaycard although it can be used by anyone, regardless of who they bank with. The band contains a smart chip and a tiny radio antenna that triggers a payment when it is swiped over a terminal, thus enabling NFC based contactless payments. Barclaycard is trialing the contactless payment wris ...