Watch the Swiss use Swatch with OT to make contactless payments

bellamyOT (Oberthur Technologies) is partnering with Swatch to provide contactless payment to customers in Switzerland. They will be able to pay with speed, security and convenience, just waving their stylish Swatch Bellamy watch close to on contactless terminals.

OT’s FlyBuySE (Secure Element) is fully integrated within Swatch Bellamy watches and provides a high level of security while enabling seamless payments and transactions. OT’s latest portfolio covers a broad range of payment networks and applications (such as payment, security access, transport, etc) and can be embedded in many different types of wearables.

“At OT, we are delighted to work with such a renowned brand as Swatch to launch this innovative product. As contactless payment becomes widespread from an acceptance point of view, more end-users will be looking for such stylish wearables enabling them to pay in a quick, secure and convenient way” said Eric Duforest, Managing Director of the Financial Services Institutions business at OT.

With this partnership between Swatch and OT, Swatch Bellamy holders can perform contactless transactions with an alternative to cash.

Carlo Giordanetti, Creative Director, Swatch International, said, “We are happy with the cooperation with the OT team in the Swatch Bellamy project. OT knows how to adapt its portfolio of products and solutions to the latest trends and it is the ideal partner to offer this innovative watch. We look forward to developing this relationship further, and to presenting Swatch Bellamy in more countries.”

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Categories: Contactless Payments

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