Contactless payment technology has been slow moving when it comes to adoption outside of cards, so the Pagare strap is designed for the Pebble smartwatch as a way to streamline the process.
Offering users the ability to store payment information and pay at a huge number of retailers, the Pagare strap upgrades the capabilities of the Pebble smartwatch in new ways.
One of the setbacks for contactless payment technology has been the lack of support by retailers and/or device manufacturers. As such, the makers of the Pagare strap, Fit Pay, have taken it upon themselves to give consumers capabilities that OEM brands aren't delivering.
As consumers seek out easier ways to pay for the items they buy everyday, new payment options like the Pagare strap for the Pebble smartwatch will likely come about.