Fidesmo, SEB to launch wearable payments in Denmark and Finland

Fidesmo Pay is the wearable payment service of the fintech company. Fidesmo connects contactless payments and other contactless services to devices. Its wearable payment solution will allow banks to provide their customers with the ability to make contactless payments.

Bank customers can use a wearable of their choice to make the payments. Recently, the fintech firm partnered with Swiss watch brand Mondaine to connect its wearable payment service.The partnership will connect Fidesmo Pay as well as payment cards to the Mondaine PayChip service for enabling contactless payments via Mondaine’s watch collection.