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24 Wearable Payment Innovations

From Wrist-Worn Wallets to Banking Fitness Bracelets

— March 18, 2016 — Tech
While the idea of using a smartphone app to make a purchase is becoming more mainstream, wearable payment apps are also moving beyond the smartphone. Indeed, the growing popularity of smartwatches and fitness trackers has slowly made wearables an easy platform for payment-enabling apps.

With devices such as the Apple Watch and the Pebble smartwatch becoming increasingly popular among consumers, many companies have created specific payment apps for wearables. For example, Starbucks' 'Wearbucks' app allows consumers to pay for their coffee with a simple wave of the wrist. Other examples of wrist-worn wallets include Wallaby's smartwatch app, the Westpac Bank app and the AmEx app for the Jawbone fitness band.

Beyond smartwatches and fitness trackers, wearable payment apps are also being integrated with more unusual accessories. For example Barclays Bank created a separate bracelet for facilitating contactless payments. MasterCard has taken the idea even further by creating a full line of app-integrated clothing that allows users to make touchless payments on the go.
5.7
Score
Popularity
Activity
Freshness
24
Wrist-Worn Wallets
Wrist-Worn Wallets
This Payment-Oriented Wearable is Designed to Make Shopping More Convenient
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23
Payment-Enabling Watch Straps
Payment-Enabling Watch Straps
The Pagare Strap for the Pebble is Packed with Payment Technology
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22
Practical Payment Jackets
Practical Payment Jackets
The bPay Jacket Contains Wireless Pay Technology in its Sleeve Cuffs
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21
Wireless Payment Watches
Wireless Payment Watches
The Swatch Bellamy is Supported by Visa with NFC Technology
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20
Payment-Processing Rings
Payment-Processing Rings
VISA's New Payment Ring Allows Consumers to Buy Things with Their Jewelry
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19
Automated Donation Keychains
Automated Donation Keychains
bPay's Keychain Key Rings Make Contactless Donations to UK Charities
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18
Contactless Payment Accessories
Contactless Payment Accessories
These Topshop x bPay Items Make Next-Gen Payment Tech Accessible
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17
Banking Fitness Bracelets
Banking Fitness Bracelets
Alibaba's Alipay Wallet App Links to Xiaomi's Mi Band for Easy Payments
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16
Contactless Payment Watches
Contactless Payment Watches
'Swatch Pay' Lets Users Complete Transactions at Contactless Terminals
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15
Contactless Commuter Wearables
Contactless Commuter Wearables
c2c Trains Use bPay Wristbands to Facilitate Easy Travel Payments
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14
Fitness Band Payments
Fitness Band Payments
Jawbone and AmEx Have Announced a Partnership Involving a New Device
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13
Wearable Coffee Payments
Wearable Coffee Payments
Wearbucks is a Wearable Way to Pay for Coffee at Starbucks
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12
Payment-Making Apparel
Payment-Making Apparel
Adam Selman is Using Clothes and Accessories to Allow For Wearable Payment
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11
Smartwatch Banking Apps
Smartwatch Banking Apps
HDFC's WatchBanking Platform Makes Finance Management Easy
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10
Contactless Payment Jewelry
Contactless Payment Jewelry
The Kerv Ring Works With NFC Technology for Seamless Transactions
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9
Wearable Banking Devices
Wearable Banking Devices
The Westpac Bank in New Zealand is Developing an Apple Watch App
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8
Biometric Banking Wristbands
Biometric Banking Wristbands
This Wearable Payment Device Uses Your Pulse for Authentification
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7
Wireless Payment Rings
Wireless Payment Rings
The Second Generation NFC Ring Will Feature a Plethora of New Features
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6
Wearable Payment Bands
Wearable Payment Bands
An Alibaba and Xiaomi Partnership Challenges Conventional Retail Payments
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5
Wearable Banking Wristbands
Wearable Banking Wristbands
The CaixaBank Contactless Payment System is a Spanish Alternative
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4
Wearable Banking Apps
Wearable Banking Apps
Wallaby's Mobile Wallet App is Developed For the Samsung Gear 2 Smartwatch
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3
Smartwatch Payment Systems
Smartwatch Payment Systems
A New Payment Method is Being Developed Using Smartwatch Technology
<
2
Wearable Wrist Payments
Wearable Wrist Payments
Barclaycard's Contactless Payment bPay Bands Will Reduce Cash Transactions
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1
Wearable Smart Stamps
Wearable Smart Stamps
The Wearable Interactive Stamp Platform Offers Numerous Applications
<