German financial services and technology company Wirecard has planned to launch a Software Development Kit (SDK) for wearable payment solutions to be released by the end of February 2015.
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The solution will be based on host card emulation (HCE) technology and will allow contactless payment using one-off tokens.
Wirecard Developer Portal will provide access to a range of programming interfaces (APIs), tools and simulators, easing the integration of payment functions into various applications and devices ranging from wristbands and smart-watches to clothes.
Wirecard CEO Markus Braun said: "Wirecard’s Wearable Payments Developer Kit enables the global developer community to easily integrate our payment module into all types of wearable devices. Such hardware-independent usage has only been made possible through HCE software technology."
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By GlobalData
