World First launches currency exchange app for smartwatch

World First launches currency exchange app for smartwatch

UK-based currency exchange outfit World First has launched an international payments app for the Android-powered smartwatch market.

The Money Transfer app makes it possible to transfer between currencies and across borders with 'five taps and three swipes" of an Android timepiece.

End to end, the process can be completed in less than 60 seconds and, in most cases, payments will arrive just a few minutes later, says the company.

The app is available to wearers of the Samsung Gear Live, Motorola Moto 360, LG G Watch R and Sony SmartWatch 3.

Jonathan Quin, CEO of World First UK, says: “This morning I made the world’s first international transfer from a wearable device in just a matter of seconds. Five taps and three swipes was all it took to book a fantastic rate to buy euros in real-time - though optional voice commands can be used by anyone fearing finger-fatigue!"

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