Garmin is rolling out a payments feature with its newest fitness tracking watch
Posted by MUNKRVVSH
Posted on November 14, 2017
Tech companies have been trying a lot of different things to make wearables stick, not
the least of which is payments: Apple, Samsung, Fitbit, and others have all introduced some way for smartwatch wearers to pay for things just by tapping their wrists against a payment machine. Now Garmin, one of the top five wearable makers globally, is joining the bunch.
With the release of its new VĂvoactive 3 fitness watch today Garmin is rolling out a contactless payment option called Garmin Pay. The watch is equipped with an NFC chip and has an embedded secure element that lets wearers pay by tapping the watch against compatible point-of-sale terminals, just like the other devices work.
A built-in payment option was something Garmin users had been asking for, according to Phil McClendon, the lead product manager for the VĂvoactive. “It’s something we thought would benefit particular customers who are really active and out and about, and who want to be able to leave the phone behind,” he said. https://www.theverge.com/2017/8/31/16215714/garmin-payment-service-ifa-2017
Labels:
new tech