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# Wrist-Worn Wallets
This Payment-Oriented Wearable is Designed to Make Shopping More Convenient

By Katherine Pendrill | Published 2015-10-06 | Tech
Source: Trend Hunter, https://www.trendhunter.com/trends/make-shopping-more-convenient
References: [psfk](http://www.psfk.com/2015/10/alibaba-smartwatch-yunos-pay-watch-fiismart.html) & [izhongchou.taobao](https://izhongchou.taobao.com/dreamdetail.htm?spm=a2c01.7617147.0.0.aZZMF4&id=10043955)

'FiiSmart' released a payment-oriented wearable that is specially designed to make shopping more convenient. Although there are a number of mobile devices that can be used to make digital payments, FiiSmart's new watch is the first product to adopt a payment-first approach.

The 'Yunos Pay Watch' is a [wrist-worn wallet](https://www.trendhunter.com/trends/iclutch-smart-wallet) that is intended to make shopping more convenient. The watch features a rectangular face and a small digital screen. The screen boasts a [minimalist interface](https://www.trendhunter.com/trends/minimal-watch-concept) that makes it easy to use while on the go. Unlike other [wearable devices](https://www.trendhunter.com/trends/universal-wearable-controller), the Yunos Pay Watch primarily functions as a payment gateway. The device generates a 2D barcode that allows users to pay without their wallet or even their smartphone.

While there are a number of smartphone applications that allow consumers to pay on the go, this hands-free device is specially designed to process mobile payments quickly and efficiently.

## Trend Insights (Trend Hunter)

- Score: 2.8/10
- Popularity: 22% | Activity: 55% | Freshness: 8%
- Audience gender: 50% men, 50% women
- Primary generations: Millennial, Gen X
- Top markets: Asia

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Tech](https://www.trendhunter.com/tech) > [Gadgets](https://www.trendhunter.com/gadgets)

## Key Themes

### What's Driving This Trend

- **Payment-oriented Wearables:** The rise of wrist-worn wallets and other payment-oriented wearables presents an opportunity for businesses to tap into the convenience and speed of mobile payments.
- **Minimalist Interface:** The minimalist interface of the Yunos Pay Watch showcases the potential for sleek, user-friendly designs in the wearable industry.
- **Hands-free Mobile Payments:** The development of hands-free devices like the Yunos Pay Watch highlights the potential for innovation in mobile payment processing, eliminating the need for physical wallets or smartphones.

### Who This Affects Most

- **Wearable Technology:** The growth of payment-oriented wearables creates new opportunities for companies in the wearable technology industry to develop innovative and convenient products for consumers.
- **Mobile Payments:** The emergence of payment-first wearables like the Yunos Pay Watch opens up possibilities for businesses in the mobile payment industry to improve and expand their services.
- **Retail:** The integration of wrist-worn wallets and other payment-oriented wearables in the retail industry offers potential for businesses to streamline the shopping experience and enhance customer convenience.

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