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Teams with G&D, FitPay to overcome traditional barriers to OEMs implementing payment applications on wearables.
January 5, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Mobile payments may go mainstream on wearable devices like smartwatches by taking advantage of a new ready-to-use payment solution containing technology from STMicroelectronics. ST, G&D and FitPay have used ST’s security chip to jointly create the first secure hardware and software solution that is pre-approved for use by device manufacturers with the aim to develop integrated tokenized payments from Mastercard or Visa. This effort reduces the barriers to implementing card payments o...
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