20 September 2014

PayPal says the time is right for wearable payments

24 February 2014  |  6582 views  |  0 Samsun smartwatch

Paypal is to be the first payments provider for Samsung's new range of Gear 2 smartwatches.

The Gear 2 is Samsung's second attempt at launching a wearable device with mass appeal for consumers. The refashioned Gear 2 and lighter companion watch Gear 2 Neo boast a heart rate sensor, a pedometer and various tools to measure exercise, sleep and stress levels.

The watches come packed with an embedded camera and run on Tizen OS, a fledgling proprietary mobile operating system from Samsung, rather than Google's Android software.

The PayPal app - available from April - will enable Gear 2 owners to check-in to pay at local stores, save and redeem offers, send money to a friend instantly, and receive payment notifications while on the go.

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

19 February, 2014
16 October, 2013
01 October, 2013
06 September, 2013

Related company news

 

Featured job

Commensurate with the status and importance of thi...
London based with substantial international travel

Find your next job