How does it work?
Fidesmo provides waterproof, certified payment NFC chips with inbuilt payment functionality that can be integrated in different materials, such as leather, polyester, nylon, canvas and much more. This means that watch manufacturers can integrate these small chips into their products, enabling the customers to connect a payment card using the payment service Fidesmo Pay. The customers can then securely tap and pay with the watch in stores around the world. The NFC chip is passive, which means no battery or charging needed.
We are providing the payment service Fidesmo Pay together with the world leading payment schemes – Mastercard and Visa – together with several banks globally. Fidesmo Pay works just like any other contactless mobile payment service, except that we enable payment cards to be connected to passive, batteryless wearables.