Tappy Partners With Zwipe on Biometric-Based Wearable Payment Devices
Biometric technology company Zwipe teamed with Tappy Technologies to develop and launch biometric wearable payment, access and digital authentication devices, they said Monday. Tappy will license Zwipe’s intellectual property, enabling biometric authentication in wearables and payment cards, the companies said.…
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Tappy CEO Wayne Leung said brand partners, largely watch companies, sold more than 85 million units in 2017, and the company expects to see biometric authentication as part of this portfolio next year with its wearable payment and tokenization platform deployed in “millions of units” in coming years. The companies plan to demonstrate a prototype this year. Tappy brand partners include Guess, Timex, Nuband, Kronaby and TapStrap.