The last couple of days didn’t bring much news from the smartwatch market, but Swatch has now managed to end the hiatus with an interesting announcement.
According to the latest reports, it seems like the Swiss company will soon partner up with the folks at Visa, and bring in contactless payments over to their devices, starting from the next year. At this moment in time, it seems like the feature will only be available in the United States, and on the analogue Bellamy smartwatch, which has been revealed in China, in October.
Exact launch dates for the device and the function are unknown right now, but there are some details about the pricing structure in China. Based on this, it seems like the watch will sell for around $91 in the Asian country.
It’s nice to see Swatch implementing this feature, considering the fact that the Bellamy smartwatch is not the smartest one around. Swatch has also stated that the feature will not affect the battery life, and that users should expect the usual battery life of a Swatch. Now, we’re not yet sure about how secure payments using this feature will be, considering the fact that the device lacks sensors or Internet connectivity.
The idea behind the feature is quite simple, and similar to a prepaid bankcard. No explanation on whether any authentication will be put in place has been issued yet.
Based on everything that has been outlined so far, what do you personally think about this feature? Let us know your thoughts in the comment section below.