SwatchPAY! The coolest way to pay

Imagine you buy a new watch and a few minutes later you conveniently pay with it. Now Swatch customers in Switzerland can choose between four new SwatchPAY! Watches. The watches will be available in other countries in the near future. The watches combine the iconic Swatch design with contactless payment functionality.

The new Swatch watches have all the fun, color and great design that Swatch is famous for. SwatchPAY! offers next-gen contactless payment in a watch that looks and feels like a traditional watch – no charging required, no connectivity to manage.

SwatchPAY! is easy to use and provides a convenient and secure payment experience.  Customers can securely load a virtual card, linked to an existing credit or debit card, to their SwatchPAY! Watch. Using the SwatchPAY! App co-developed by G+D Mobile Security, consumers can securely load the virtual card onto their SwatchPAY! Watches in all participating Swatch stores.  The SwatchPAY! App also allows life cycle management of the SwatchPAY! card at any time.

SwatchPAY! is enabled by G+D Mobile Security's cloud-based Wearable Platform that integrates the Token Requestor Management (TRM) services from FitPay, Inc. In combination with G+D’s embedded secure element and secure OS inside the watch the G+D Platform secures the virtual card and payment transactions. In the future, the Wearable Enablement Platform can add functionality to the watch. The Platform can enable additional mobile applications where the watch could be used for access to buildings, sports venues or public transportation.


Easy Activation

It's quick and easy to link an existing payment card to the SwatchPAY! Watch. Loading of a virtual card takes place in the Swatch store, directly after the purchase. The SwatchPAY! App facilitates the secure loading of the virtual card from the cloud utilizing a Bluetooth connection to the SwatchPAY! Box in participating stores.

On the backend, through the integration of the Token Requestor Management Platform with Mastercard, a virtual card is generated and linked to the payment card the customer provided through the SwatchPAY! App and then loaded to the embedded secure element in the watch. As soon as this process is completed, contactless payment transactions can be made at any contactless point-of-sale terminal using the SwatchPAY! Watch.

Contactless transactions require absolutely no energy at all from the watch itself so consumers can expect the usual long battery life of a Swatch.

 

Continuous innovation is a key strand of the Swatch DNA. This latest advance, with the introduction of the fastest and simplest tokenization, makes it easier than ever to pay "forever" – token up your Swatch, swipe it and you're done. SwatchPAY! is simple, stylish and sexy.

 «

Carlo Giordanetti, Swatch Creative Director


Download the SwatchPAY! case study

Get insights into how G+D Mobile Security enables convenient contactless payment

The days of carrying your checkbook are long gone. Now Swatch has introduced their new SwatchPAY! Watches enabled by G+D Mobile Security for convenient contactless payment.

See how G+D Mobile Security helps Swatch focus on what matters most to consumers - functionality and design to improve everyday experiences.

  Download case study

Discover why the watch and wearable industry relies on G+D technology

The G+D Mobile Security offering harnesses our extensive experience in payment security, and secure over-the-air credential management.
We take care of security and technology concerns enabling our partners to focus on what matters most to their customers - functionality and design to improve everyday usage.

Faster speed to market entry

  • Increased speed-to-market and reduced complexity of market entry by providing a primary connection point to banks, transit authorities, venues and other service providers
  • Fast track deployment methodology

Privacy

  • Secure personalization of user credentials
  • Secure key and data storage in robust backend services

Advanced security

  • State-of-the-art secure and mobile lifecycle management solution for wearables
  • Highly secure and certified embedded secure elements

Reduced complexity

  • Robust backend services hide complex integrations with a multitude of providers

Flexible deployment

  • G+D offers end-to-end support for a variety of use cases in a single wearable platform: payment, access, authentication & transit

Connectivity

  • Over-the-air credential management enables wearable devices to be configured to address multiple use cases within a single device
  • User experiences are safeguarded to improve both consumer adoption and stickiness to the benefit of service providers and OEMs

Related Topics

SwatchPAY! - More information here

SwatchPAY! Watch - a payment card on your wrist. SwatchPAY! makes contactless payment simple and secure – you’ll never have to reach into your pocket or bag for your wallet or phone again.

  Visit the official Swatchpay website for more information

Wearable devices with added peace of mind

Transform your watch or other wearable into the guardian of your digital identities. Read more on how we enable faster time to market by reducing cost and complexity of market entrance.

  Bring your ideas to life with our wearable solutions

Innovative contactless payment methods – with wearables

Offer your customers innovative ways to pay with G+D Mobile Security’s top of the art technology for secure provisioning and contactless payment.
We  enable faster time to market while reducing cost and complexity of market entrance. And making your brand top of wallet!

  Read about the world where wearables and payment meet

Ticketing goes mobile

G+D Mobile Security is at the forefront of developing mobile ticketing for greater passenger and operator convenience without compromising security.

  Find out how our mobile solutions are creating opportunities for operators

Talk to a G+D expert

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