French Company Launches Mobile Payment Technology for Wearables
French software company Oberthur Technologies launched the Flybuy series of wearables with mobile payment capability, it said in a Tuesday news release. The Flybuy Mini Fob is a SIM-size contactless card with an antenna that can be inserted into a…
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silicone or leather wristband, key chain or accessories for fitness trackers or watches, said the company. The Flybuy Secure Element, for OEMs, is designed to be embedded into smartwatches or fitness bands at the manufacturing stage. A Flybuy wearable can be a companion to an existing payment card or a stand-alone prepaid option, said OT. The cards also can be used for public transportation and access to corporate premises, fitness centers or music and sports events, said the company.