|6 December 2015|
A collaboration between Swatch and Visa will see the introduction of a new pay-by-the-wrist watch in early 2016.
The Swatch Bellamy uses the latest technology to enable payment via contactless using a chip in the watch, rather than through the internet. The NFC technology works using high-frequency radio waves which allow devices to communicate at a range usually less than 10cm. The chip will be hidden under the dial.
No energy is needed for the transaction from the watch itself so the battery life isn’t affected.
The Swatch Bellamy, in collaboration with Visa, will be available in the US early next year.