Fitbit Ionic is the company’s first “true” smartwatch, and in its attempt to mimic some of the features of existing smartwatches, contactless payments and “Fitbit Pay” is on that list, with Mastercard tapping and going.
More than half of global transactions at PoS (Point of Sale) will be contactless within five years, a jump of 15% on this year, according to a newly published study.
Mastercard and PayPal have announced an extension of their partnership into Asia Pacific to “enhance the consumer experience and make Mastercard a clear payment option within PayPal".
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Yes, it's an admission that they failed but not a full solution. More pressure will be required.
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