Fidesmo, Mondaine partner to launch wearable payments

Monday 6 July 2020 15:12 CET | News

Sweden-based wearable payments provider Fidesmo has partnered with watch brand Mondaine to enable wearable payments through Fidesmo Pay.

According to Verdict, the company has initially launched the product in 2016 and plans to expand its offering by enabling Europe-based customers to make ‘stylish’ contactless payments by using a chip with the Mondaine watches. The chip is called Mondaine PayChip and allows consumers to swap it from one watch to another.

Therefore, customers with payment cards that support Fidesmo Pay are enabled to connect the Mondaine PayChip to their wearable to make payments, as the chip can be inserted into a specially developed strap with a pocket, or into a special strap loop, Verdict reported.

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Keywords: Fidesmo, Mondaine, Sweden, launch, wearable payments, Europe, contactless payments, cards, Fidesmo Pay
Categories: Payments & Commerce
Countries: Europe
This article is part of category

Payments & Commerce