# Wearable Payment Methods of purchase are being integrated into fashion pieces for convenience. By [Tana Makmanee](https://www.trendhunter.com/tmak), SVP, Research Services at Trend Hunter | Published Jul 23, 2014 | Category: [Tech](https://www.trendhunter.com/pro/category/technology-trends-and-gadgets) Source: Trend Hunter, https://www.trendhunter.com/protrends/wearable-payment ## Key Figures - Trend score: 5.5/10 - Evidence articles: 4 ## What is the Wearable Payment trend? **Wearable Payment:** A desire for increased efficiency has consumers looking beyond their mobile devices toward more integrated forms of payment. Combining methods of purchase into fashion accessories and clothing pieces, these products offer a more adaptable and less strenuous method of routine shopping. This speaks to the future of technology as a catalyst for true convenience and a generally gadget-less existence. ## At a Glance - Evidence: 4 featured examples - Articles from: Apr 25, 2014 to Oct 29, 2015 - Published: Jul 23, 2014 - Patterns: [Divergence](https://www.trendhunter.com/pattern/divergence), [Reduction](https://www.trendhunter.com/pattern/reduction) - Megatrends: [Curation](https://www.trendhunter.com/megatrend/curation), [Simplicity](https://www.trendhunter.com/megatrend/simplicity), [Artificial Intelligence](https://www.trendhunter.com/megatrend/artificial-intelligence) ## Audience - Gender: 70% men, 30% women - Primary generations: Millennial, Gen X - Top markets: North America, Europe, Asia ## Themes within the Wearable Payment trend ### Integrated Payment Clothing and Accessories The integration of payment systems in clothing and accessories offer a more adaptable and less strenuous method of routine shopping. ### Smartwatch Payment Systems The future of smartwatch technology will go toward payment, making mobile payments even more accessible to the public. ### Touch-less Wearable Payment The ability to make wearable payments in regular and fashionable clothing is becoming more appealing to consumers. ## What the Wearable Payment trend means for industry ### For Fashion and Retail Clothing and accessory designers can incorporate payment systems into their products and help reduce the amount of cash transactions in the retail industry. ### For Mobile Technology The integration of wearable technology, such as smartwatches, to payment systems will increase accessibility and convenience for mobile users. ### For FinTech The development of touch-less, integrated, and wearable payment systems offers a new market for FinTech companies. ## Trend signals for Wearable Payment Trend score 5.5 out of 10, from popularity 82%, activity 75%, freshness 8%. - Popularity: 82% - Activity: 75% - Freshness: 8% ## Examples of the Wearable Payment trend 4 featured examples from Apr 25, 2014 to Oct 29, 2015. - [Smartwatch Payment Systems](https://www.trendhunter.com/trends/smartwatch-technology): A New Payment Method is Being Developed Using Smartwatch Technology (Category: Business) Implication: As more consumers turn to mobile and wearable devices for payments, there is a huge opportunity for financial services companies to explore new payment technologies. - [Payment-Making Apparel](https://www.trendhunter.com/trends/wearable-payments): Adam Selman is Using Clothes and Accessories to Allow For Wearable Payment (Category: Tech) Implication: Fashion brands and retailers can explore integrating wearable technology as a payment form, offering customers convenience and a new way to shop. - [Wearable Wrist Payments](https://www.trendhunter.com/trends/contactless-payment): Barclaycard's Contactless Payment bPay Bands Will Reduce Cash Transactions (Category: Business) Implication: The financial services industry has the opportunity to develop and market more wearable payment devices like bPay bands. - [Suave Payment Suits](https://www.trendhunter.com/trends/power-suit): The Power Suit Lets You Pay with the Wave of a Hand (Category: Fashion) Implication: Fashion industry players have an opportunity to integrate technology into their designs, as well as establish partnerships with payment providers and retailers. ## Recent trend clusters - [Desk Systems](https://www.trendhunter.com/protrends/desk-systems) (Tech) - [Spatial Refinement](https://www.trendhunter.com/protrends/spatial-refinement) (Tech) - [Portable Power](https://www.trendhunter.com/protrends/portable-power1) (Tech) - [Guided Autonomy](https://www.trendhunter.com/protrends/guided-autonomy) (Tech) ## Trending in Tech - [Decor-Led Home Projectors](https://www.trendhunter.com/trends/decor-led-home-projectors) - [Offline Notetaking Apps](https://www.trendhunter.com/trends/offline-notetaking-apps) - [Accessible Fintech Pop-Ups](https://www.trendhunter.com/trends/chequing-account) - [Dual-Wavelength Recovery Wearables](https://www.trendhunter.com/trends/joint-therapy) All articles: [Tech](https://www.trendhunter.com/tech)