MasterCard has announced it's working with NFC firm WISeKey, which could see contactless payments come to a host of high end watches.
WIseKey has already signed agreements with Hublot and Bulgari to use its WIS.WATCH tech to power wearable payments, but landing an agreement with MasterCard is a big step forward.
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"Our collaboration with WISeKey is a great example of how payments functionality can deliver more value for a variety of device manufacturers, and create safe and convenient shopping experiences for their consumers," said Sherri Haymond, senior vice president, Digital Payments and Labs, MasterCard.
"Together, we are using our collective innovative technology and expertise to transform the way people pay for things."
MasterCard has been busy signing agreements to get its payment tech into wearable devices. This latest deal with WIseKey comes off the back of a deal with Coin at CES 2016, which could see it power payments on Moov, Atlas Wristband and Omate smartwatches.
Contactless wearable payments has exploded since last year's MWC, with Samsung also announcing a wider expansion of its own payment system. And it seems the classic Swiss watch world could take tentative first into the world of wearables by integrating payments.
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James is the co-founder of Wareable, and he has been a technology journalist for 15 years.
He started his career at Future Publishing, James became the features editor of T3 Magazine and T3.com and was a regular contributor to TechRadar – before leaving Future Publishing to found Wareable in 2014.
James has been at the helm of Wareable since 2014 and has become one of the leading experts in wearable technologies globally. He has reviewed, tested, and covered pretty much every wearable on the market, and is passionate about the evolving industry, and wearables helping people achieve healthier and happier lives.