www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Companies

Swatch releases smartwatches allowing mobile payments

By WU YIYAO (China Daily) Updated: 2015-10-16 07:30

Swatch releases smartwatches allowing mobile payments

Nick Hayek, CEO of Swatch Group, demonstrates a new wrist watch that enables payment via China UnionPay's system at the launch ceremony in Shanghai. [Photo/China Daily]

Swatch Group AG, the world's largest watchmaker by revenue, has chosen to launch its new smartwatch with the ability to allow mobile payments via China UnionPay Co's system-a move which experts said could present a significant challenge to products already available from rivals Apple Inc and Samsung Electronics Co.

The watch can process payments at point-of-sale machines globally as long as the machines use UnionPay linked to Bank of Communications Co's bankcard.

A technology chip embedded under the device's dial enables users to wave the watch at POS terminals to complete payments, just like swiping a card, but without the need to key in a PIN or sign a name.

Priced at 580 yuan ($91), the Swatch Bellamy will be sold in China at Bank of Communications and Swatch branches from January 2016, said Nick Hayek, Swatch's chief executive officer.

The product will then roll out in the United States and Switzerland with respective local payment system partners.

Hayek said the passion for innovation and flexibility by China's banks and its bankcard association, and their efforts to secure safe payments, were the major reasons for Swatch choosing China as the first country to launch the Bellamy.

Market analysts said the Swiss watchmaker is looking to gain market share among young consumers in the increasingly popular wearable devices sector, after its own sales had been put under pressure due to shrinking demand and exchange rate volatility.

"The pricing point (of the Bellamy) is much lower than that of Apple's smartwatch, which is 2,499 yuan, minimum," said Liu Mingda, a researcher with Shanghai-based Hengrong Consumption Ltd.

"Its link with UnionPay makes the product 'usable' in China, while Apple's and Samsung's watches are linked to payment systems that are not yet working in the country," said Liu, adding there are still no timetables for their starts.

This first payment function may be a "tipping" point for wearable-device users in China, said Liu, while other functions such as GPS, fitness data log and compass have become the norm for the devices for more than two years.

China UnionPay holds a virtual monopoly on bankcard payment processing in China, but has always maintained it remains open to cooperation opportunities with other payment services.

According to data from the People's Bank of China, the central bank, Chinese mobile payment transactions jumped 134 percent to 22.6 trillion yuan ($3.6 trillion) in 2014.

Recent research from Guosen Securities suggested that in the past, mobile payment was all about paying by handset, but "now the competition has been extended from palm to wrist".

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 韩国三级大全久久网站 | 中文在线观看视频 | 久久精品国产亚洲片 | 中文字幕在线观看一区二区 | 欧美成人高清性色生活 | 亚洲美女在线观看 | 大学生一级一片第一次欧美 | 午夜神马理论 | 99精品视频一区在线观看miya | 毛片视频免费观看 | 亚洲男人天堂网站 | 免费一级大片 | 福利三区| 日产国产精品亚洲系列 | 欧美 亚洲 丝袜 清纯 中文 | av免费网站在线观看 | a级午夜毛片免费一区二区 a级性生活视频 | 草草视频手机在线观看视频 | 在线成人欧美 | 九草视频 | 中文字幕va一区二区三区 | 性配久久久 | 午夜国产亚洲精品一区 | 久久在线影院 | 国产大臿蕉香蕉大视频女 | 亚洲视频播放 | 中文精品爱久久久国产 | 亚洲视频在线网 | 精品久久久久久国产免费了 | 亚州免费| 欧美另类自拍 | 69福利网 | 国产成人影院在线观看 | 日本久久久久久 | 九一国产 | 香蕉视频一级片 | 国产精品尹人在线观看免费 | 国产性大片黄在线观看在线放 | 国产美女视频做爰 | 日本人在线看片 | 亚洲精品一区二区三区www |