Swatch Bellamy ‘Pay-by-the-Wrist’ Smartwatch Debuts in China
Swiss watchmaker Swatch used a Shanghai news conference Tuesday to debut the Swatch Bellamy, a new "pay-by-the-wrist" smartwatch. Swatch will team with payment services provider China UnionPay and the Bank of Communications to introduce contactless payment to China via the…
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Swatch Bellamy, Swatch said in a Tuesday announcement. The Swatch Bellamy, available in four colors, has a built-in near-field communications (NFC) chip hidden under the dial, it said. Like a prepaid bank card, a Swatch Bellamy watch allows customers to pay for items using merchants' contactless NFC-based point-of-sale terminals, it said. The new payment option with the Swatch Bellamy will be rolled out by the partners across China starting in January, it said. The Swatch Bellamy will soon be launched in Switzerland and the U.S. with local banking and “secure-transaction” partners, it said.