Wearables are smart devices that can be worn on the body and used for different purposes like fitness tracking, checking emails, connecting to social networks, listening to music, making payments and many more. In recent years, using wearables as a payment instrument has become more frequent in the market. Although it may not be the number one reason, payment capabilities play a role when wearables are purchased. It seems the future is to have a wallet in wearables.
PayCore offers an integrated digital enablement platform for wearables, addressing the needs of consumers and the wearables’ OEMs for EMV payment, access control, transit, ticketing, loyalty, and other services, all on a single platform.