Wearable devices are entering the mainstream, and with increased adoption of users, financial services need to adapt to innovative payment methods.
Biowatch safe and secure solution offers an alternative to mobile payment; giving back to banks control over the payment process, a convenience payment method solution and is user-friendly. Biowatch solution emulates credit cards, as a result, it’s compatible with existing terminals. Users can pay at the cash registers, vending machines, online shops and apps.
Biowatch’s W band contains a certified secure element and communicates through BLE and/or NFC
Biowatch SA masters every stack of hardware and software of the device and can implement all types of protocols.
The band communicates with Biowatch’s mobile app using a secured and proprietary BLE channel. The biowatch W band is autonomous and does not require the presence of the mobile phone for daily use cases. The mobile phone is only required for management and admin tasks like user’s enrolment and pairing of the biowatch with the various services.
The bank’s mobile application uses Biowatch’s SDK to communicate with the biowatch W band
To ensure a smooth integration with the banking system, Biowatch S.A. manages the project with all parties involved.