SwatchPAY! has made contactless payment easier than ever before… and stylish, too.
The premier watch brand certainly knows how to bring out a classic-looking timepiece and with that in mind, they put their minds towards innovation with this new development. Swatch PAY! allows you to pay for items with your Swatch watch, rather than rattling around your pockets for your wallet or smartphone.
The new system had already launched to great success in China and Switzerland, but is now ready to go in the Netherlands. It uses an NFC radio chip under the dial meaning that those wearing their PAY! device, can simply place their wrist next to the contactless payment terminal at the checkout. The terminal reader then exchanges payment information with the chip, and that is all.
The payment terminal supplies the energy required for this process, which means that – unlike a smartphone – the SwatchPAY! watch does not use batteries for the payment process. Almost everywhere in the Netherlands, it is possible to make contactless payments. ABN AMRO is the first partner of the SwatchPAY! system and other banks will follow later, including Rabobank in January 2020.
Simply download the official SwatchPAY! app onto a phone and activate the watch in a Swatch Store to get started. Swatch has also launched six different SwatchPAY! models that make contactless payments in the Netherlands easier and more convenient than ever before. Just like all other Swatch models, they are 100% Swiss Made and water-resistant. The retail price of the watches is € 75 and is available from today in the Swatch Stores and online.