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'Just a tiny chip': how Mastercard envisions the future of wearable tech - Vimarsana News

'Just a tiny chip': how Mastercard envisions the future of wearable tech

Video Mastercard has introduced tokenization into a small and flexible chip that can be attached to wearables and accessories such as watchstraps or keyrings, turning them into contactless payments devices. Benjamin Gilbey, senior vice president for digital payments and labs in Asia Pacific at Mastercard, takes The Drum into the finance company’s vision of the future of wearables. According to Allied Market Research, the wearable payments market is projected to reach $1.37 trillion by 2027. In Asia Pacific, the region is projected to register the highest compound annual growth rate of 23.3...

Mastercard Partners with MatchMove and Tappy to Enable Tokenization in Payments Chip for Custom Wearables - Vimarsana News

Mastercard Partners with MatchMove and Tappy to Enable Tokenization in Payments Chip for Custom Wearables

The three-way collaboration will enable MatchMove Mastercard® cardholders to easily and securely add their payment cards to a chip which can turn accessories into payment-ready wearables. Singapore – 9 December, 2020 -- ( ASIA TODAY ) -- Mastercard, in partnership with MatchMove, a Singapore based ‘Banking-as-a-Service’ provider and Tappy Technologies, a world leading wearable payment integrator, have introduced tokenization into a small, flexible chip which can be attached to a range of battery-less wearables and accessories such as watchstraps or keyrings, turning them into secure c...