See More Hear More Watch More Hear More Get on iTunes
Venturebeat venturebeat

Smartwatch does mobile payments

In a collaboration with Mastercard, LAKS smartwatch owners can make payments from their watch. The smartwatch has a SIM-like card with an NXP secure element baked in, so when a point of sale terminal recognizes the chip it deducts the purchase from the user’s account. http://goo.gl/CFw0ok #tech

UP NEXT

More from