After the unveiling of the payment gloves and pins at the Winter Games, Visa shows that we can also pay with the jewelery we wear within a very short time.
Contactless payment does not necessarily have to be done with a plastic card or a smartphone. Modern payment technology can also be used in beautiful jewelry, Visa shows.
At the Mobile World Congress in Barcelona, an annual high mass for techies, the credit card giant this week reveals that it is going to do a test in Greece.
Greek citizens are the first Europeans to be able to buy bracelets and rings that contain a payment chip. A Greek who buys a bag of M & Ms only has to move his hand over the payment terminal at the checkout to complete the transaction.
For this purpose Visa works together with the National Bank of Greece, which is adapting all its terminals accordingly. The jewelry is supplied by two bijoux brands: Folli Follie and Links of London. he payment gloves and pins at the Winter Games, Visa shows that we can also pay with the jewelery we wear within a very short time.
Visa is always very vague about the technical explanation and precise applications of these types of gadgets. For example, it is not clear whether the bracelets and rings are rechargeable or not. It is also not known what the jewelry costs.
Visa seems more focused on its competition with Mastercard, which this week announced that one in four Europeans is interested in paying with wearables .
In Spain, Visa does a similar test with watches from the Garmin brand. Both projects will be launched “later this year”, the credit card giant promises.