Wearable technology based mobile payments trial launched by Singapore LTA

wearable technology wristband example

The system is hoping for the successful use of wearables in order to pay for bus and train fares. A six month trial has just begun in Singapore by its Land Transport Authority (LTA), in which it is testing out a form of wearable technology in the form of a Smartband that has a digital CEPAS card encoded within it in order to allow it to pay for transit fare on buses and trains, and to take books out of the library. There will be 200 commuters who will be…

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