The technology firm
exhibits wearable biometric-enabled payment devices
Between November 14 and 16, 2018, wearable payment
technology pioneer Tappy Technologies exhibits its wearable payment solution in
collaboration with Expresspay Card at Money20/20. Relying on Expresspay Card, Tappy
provides customers with diversified wearable payment solutions, significantly
promoting Tappy's product development and portfolio in China
Currently taking place in Hangzhou, China,
Money20/20 takes a very close look at the Chinese market from an international
perspective, opening a bridge for communication between leading Chinese and
international fintech firms, all of whom are seeking to explore collaborative
and business opportunities. Hong Kong-based Tappy, a pioneer in wearable
payments and access devices, was invited to attend the conference. Tappy's
innovative technology can be fully integrated into form factors such as
watches, chain bracelets, jewelry and many other kinds of accessories,
instantly transforming them into payment and access devices through
"Digitize your payment cards into your favorite wearables" The
company's technology attracted much attention from participants.
Notably, Expresspay Card, a partner of Tappy, was established with the
guidance of the People's Bank of China. The effort is a joint venture founded
by the Bank of China and China UnionPay through institutional investments, and
is also the only UnionPay special card issuing member organization in China
Meanwhile, the
new venture's technology can be deployed to understand their customers'
purchasing behavior through big data, and use the findings to enhance the
buying experience, enhance customer loyalty, and work with peers and
like-minded firms to share resources and data. In addition to Expresspay Card,
UK-based Barclays as well as India
At present, Tappy Technologies also serves a number of products from
leading global brands such as Timex watches, GUESS watches, Suunto motion
measurement solutions, Kronaby smart watches and Mondaine watches. "Our
customer base includes many global payment networks, banks and watch
brands," said Wayne Leung, CEO of Tappy Technologies. "Highly
sophisticated algorithms ensure that our unique biometric sensors operate
flawlessly without batteries, and that the watch's design is aesthetically
pleasing, which is important to our watch partners."
The cross-border cooperation between Tappy
Technologies and Expresspay Card is expected to promote the integration of the
technology pioneer and the makers of watches, bracelets, jewelry and fitness
trackers in mainland China, as they plan to work hand in hand to roll out the
revolutionary concept of biometric technology into the market, changing the
rules of the game for anyone and everyone involved in the field of wearable
payment.
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