Contactless Smart Cards, RFID, Payment, Transit and Security

Emirates NBD rolls out PayPass watch

Monday, May 4, 2009

Emirates NBD announced the launch of the Middle East and Levant’s first wrist watch equipped with MasterCard PayPass technology, according to Trade Arabia.

The contactless payment feature provides consumers with an alternative to cash for small ticket purchases. Shoppers can tap their new watch on PayPass-enabled terminals at checkout to make a credit card purchase at MasterCard PayPass merchants worldwide.

Emirates NBD and MasterCard developed this watch in collaboration with LAKS GmbH, an Austrian watchmaker and Austria Card, a supplier of smart cards and personalization services in Central and Eastern Europe. This Emirates NBD MasterCard PayPass Watch is being issued as a supplementary device to MasterCard credit cards.

Read more here. [end] 

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