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February 7, 2018

Garmin turns to NXP to secure wearable payments

Garmin International has selected NXP’s PN80T embedded Secure Element and NFC solution to secure NFC mobile payments on its Vivoactive 3 and Forerunner 645 Music wearable devices.

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Featuring built-in GPS, vivoactive 3 offers various fitness and wellness monitoring tools such as fitness age and all-day stress tracking. The smartwatch was the first of Garmin’s offerings to feature Garmin Pay, supported by payments processors Mastercard and Visa.

Forerunner 645 Music incorporates integrated music, performance monitoring tools and advanced running dynamics.

Garmin said that NXP’s Secure Element teamed with NXP’s Loader Service solution will enable it to quickly deploy Garmin Pay in its products.

The Loader Service solution has been designed to simplify the payment feature integration process, as well as reduce expenses related to setup and maintenance.

Garmin vice president of worldwide sales Dan Bartel said: “In collaborating with NXP, we can better provide the ultimate on-the-go lifestyle to our customers.

“This technology, featured on the vivoactive 3 and Forerunner 645 Music, enables customers to leave their cash and credit cards at home and securely make purchases where NFC payments are accepted.”

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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