Payments technology company Mastercard has partnered with Singapore-based wearable token service provider Tappy Technologies to enable contactless payments through regular fashion wearables and a range of accessories, starting with analogue watches by Timex Group.
Tappy CEO Wayne Leung said Tappy’s patented contactless payment chips could be embedded into virtually any fashion accessory, transforming it into a payment-enabled wearable.
By partnering with Mastercard, Tappy can integrate its technology platform with Mastercard Digital Enablement Service (MDES) to tokenise payment credentials when consumers use their mechanical or digital watch or wearable to make a purchase at any merchant that accepts Mastercard contactless payments.
“Fashion-conscious consumers are now looking to their favourite brands to add payment capabilities to their watches, jewellery and other accessories.
The first brand to embed these payment technologies into their wearables is Timex Group.

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