Fitbit Iconic now allows you to use your smartwatch to make seamless payments simply by tapping it at a contactless terminal, of which there are over 6.6 million around the world. The one mobile portal on your wrist can now bring physical and financial fitness together to help all of us with our everyday lives.
This is achieved simply by adding eligible cards to the fitness watch and leaving your wallet at home.
As you’re already on the go, you can exercise your ability to carry less while paying easily and quickly.
- Jon Oaks, VP, Product Management, Fitbit
Something so novel as paying for purchases with your Fitbit smartwatch stems from Mastercard’s “token services” technology, which allows customers to shop with whatever NFC enabled device is easiest for them.
These industry-leading “tokens” are unique numbers (distinct from, but connected to, the number on your card) that allow payments to me made without any bank or credit card details being exposed, the one-off “token” number acting as a kind of barrier or firewall.
Think of it as a “virtual account” that holds your details aside from areas of potential compromise.
Turning your Fitbit Ionic into a digital wallet is made possible by Mastercard Digital Enablement Services, making payment safe and secure.
- Commonwealth Bank website
Mastercard and Fitbit have come together, affecting people’s lives for the better; an important development in this market where over half of the population owns a wearable device.