27 February 2017
Visit EBAday.com

PayPal says the time is right for wearable payments

24 February 2014  |  9063 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)

Finextra news in your inbox

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

Related stories

CaixaBank builds Google Glass and smartwatch apps

CaixaBank builds Google Glass and smartwatch apps

19 February 2014  |  6269 views  |  0 comments | 8 tweets | 19 linkedin
WestPac NZ preps Sony Smartwatch app

WestPac NZ preps Sony Smartwatch app

16 October 2013  |  6090 views  |  0 comments | 7 tweets | 3 linkedin
St George Bank builds smartwatch app

St George Bank builds smartwatch app

01 October 2013  |  11619 views  |  0 comments | 12 tweets | 9 linkedin
StockTwits builds smartwatch widget

StockTwits builds smartwatch widget

06 September 2013  |  6847 views  |  0 comments | 6 tweets | 3 linkedin

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit BNP paribashttp://www.financialcrimerisk.fiserv.com/aml?r=finextra

Who is commenting?

A Finextra member Finextra Member Commented on: Really really really K...
A Finextra member Finextra Member Commented on: In wake of Cloudflare...
A Finextra member Finextra Member Commented on: Bank consultancy Zeb o...

Top topics

Most viewed Most shared
EBA to relax controversial PSD2 authentication rulesEBA to relax controversial PSD2 authentica...
13725 views comments | 53 tweets | 74 linkedin
RBS to become fintech fund and high street outlet for challenger banks under HMT remedyRBS to become fintech fund and high street...
8912 views comments | 40 tweets | 34 linkedin
BNY Mellon seeks blockchain experts for new emerging biz and tech teamBNY Mellon seeks blockchain experts for ne...
7723 views comments | 7 tweets | 4 linkedin
hands typing furiouslyBlockchain Technology
7503 views 1 | 18 tweets | 8 linkedin
Starling releases Open API, talks up marketplace modelStarling releases Open API, talks up marke...
7359 views comments | 19 tweets | 18 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job