QR Code Press

Wearable technology is taking off with the Apple Watch

04/17/201504/17/2015 Stephen Vagus

Apple Watch pre-orders draw more attention to wearable technology A new generation for wearable technology may have dawned now that Apple Watch pre-orders are available. Over the weekend, pre-orders for Apple’s new wearable device were made available, and many people have already ordered their Watches. On the first day that the pre-orders went live, more than 1 million people ordered an Apple Watch, some of whom may be waiting several months after the Watch is official released to receive the device that they paid for. Basic Apple Watch costs approximately…

Swatch to break into mobile payments

02/11/201502/10/2015 L. Green

smartwatches wearable technology mobile payments security

Watchmaker has plans to launch a payment service and a wearable device Swiss watchmaker Swatch is planning to break into the mobile payments space. The company has plans to unveil a new wearable device within the next 90 days, which will serve as a response to other wearable devices that are being launched. According to Swatch, the new device will be able to connect to the Internet and communicate with other devices without having to be charged. The device will also support mobile payments, making it a competitor with similar…

Wearables are used by a small fraction of adults

01/16/201501/15/2015 Jennifer Goula

$Wearables are used by a small fraction of adults 3$

Over 80 percent are already using smartphones and among them, most have Android mobile devices. Although both last year and this year have been declared the year of the wearables, and many have expected that these devices, such as smartwatches and smart glasses, would go mainstream, it looks as though it may require a little bit more time for that hype to turn into consumer adoption. The results of a recent study has shown that wearable technology is used by a small minority of adults. This research was conducted by…

Wearable devices could have major mobile payments potential

01/13/201502/03/2015 Jesse Collins

Full potential of wearable technology may not yet be fully understood Wearable devices are still in an early stage of their life, which means that many consumers do not understand their true potential. These devices could have a lot to offer to the mobile commerce space, where convenience is often favored above all else. Smartwatches could become the next major mobile payment device, allowing people to make a transaction directly from their wrist, rather than using a smartphone or payment card. Apple’s wearable device may struggle in the mobile commerce…

Wearable devices could be the future of mobile payments

11/13/201411/12/2014 Stephanie Beck

Bionym nymi wearable technology mobile payments heartbeat

Wearable technology is beginning to find traction in the mobile commerce space Wearable technology is gaining more attention, especially in the mobile commerce space. As new devices become more available, consumers are likely to use these devices for everyday commerce. While there are very few wearable devices currently available on the market, these devices are likely to become more common within the next five years, and these devices could be equipped with mobile payment technology that makes them more attractive to consumers. Royal Bank of Canada teams with Bionym to…