purewrist is a company that creates wearable payment technologies that can conduct contactless transactions -- it recently announced that the NXP SmartMX-driven products will soon be available globally. The wristbands are completely secure to use due to the Mastercard-approved EMV-compliant element and the white-label payment system. It functions completely on the NXP SmartMX platform in order to maintain a fully secure and speedy transaction process all over the world. This platform can also be used to "secure access control, ticketing, public transportation, and brand loyalty."
Some benefits of using the purewrist platform include the battery-free component, waterproof construction, the universal EMV component, secure personalization, and simple integration. The EMV Contactless quality not only ensures that it is available on all EMV-functioning systems, but also that the correlated EMV cryptographic abilities generate a sturdy authentication and security in comparison to traditional magnetic systems.
purewrist Uses NXP SmartMX Technology for Smart Payment Options
References: purewrist & virtual-strategy