Wirecard, a Germany-based provider of solutions for electronic payment transactions, has signed a partnership with Kairos Watches to enable NFC based mobile payment for the latter’s smartwatches.
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Under the collaboration, Kairos will deploy Wirecard’s payment software development kit for its offering of hybrid mechanical smart watches and T-Bands.
Also, the partnership will see Wirecard allowing Kairos to provide contactless payment transactions and value added services on every NFC-based terminal globally.
Wirecard has launched its Software Development Kit for wearable payment solutions in February this month.
The Kairos smartwatches consist of a Swiss or Japanese powered automatic movement with smartwatch electronics and also feature a semi-transparent screen that displays smartphone notifications on top of the mechanical watch face.
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By GlobalDataKairos T-Band is a smart band device that enables the wearer to use any watch by integrating the smart watch components into the watchband itself.
Kairos Watches founder and managing director Sam Yang said: "This partnership with Wirecard brings an unparalleled level of convenience and simplicity for smart watch users when it comes to payments."
Wirecard executive vice president mobile services Jörn Leogrande said: "We are happy to support innovative startups like Kairos which are at the forefront of wearable innovations via our global portfolio of technologies and services."
