15 December 2017
visit www.ebaday.com

Bulgari to launch luxury smart watch with embedded payments

17 March 2016  |  8125 views  |  0 Blugari smart watch

MasterCard contactless payments are to be embedded in a luxury smart watch developed by Bulgari and set for worldwide release before the end of the year.

Utilising WISeKey cyber security technology, the alliance between Bulgari and MasterCard will enable Diagono Magn@sium “intelligent” watch owners to make payments at the more than four million retail locations in 74 countries globally that accept MasterCard contactless transactions.

The secure access functions allow watch owners to unlock the BVLGARI Vault Application, that protects personal digital assets by storing encrypted replicas of them in a secure cloud buried in a Swiss military bunker, somewhere in the Alps.

Additional secure access functions planned by Bulgari include the ability to open select automobile doors, Bulgari hotel doors and other participating partners’ products.



Jean-Christophe Babin, CEO of the Bulgari Group, comments: “We believe that technology and craftsmanship can be artfully combined to deliver a valuable and unique benefit to our clients without compromising the integrity of a timeless mechanical luxury watch."

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

Mondaine adds contactless payments to new smart watch

Mondaine adds contactless payments to new smart watch

23 February 2016  |  6557 views  |  1 comments | 1 tweets | 1 linkedin
MasterCard partners Coin for wearable payments onslaught

MasterCard partners Coin for wearable payments onslaught

06 January 2016  |  9739 views  |  0 comments | 18 tweets | 26 linkedin
Swatch teams with Visa to launch pay-by-wrist watch

Swatch teams with Visa to launch pay-by-wrist watch

30 November 2015  |  7860 views  |  2 comments | 25 tweets | 22 linkedin
Blocks bids to build smartwatch of the future

Blocks bids to build smartwatch of the future

16 October 2015  |  4647 views  |  0 comments | 8 tweets | 5 linkedin
Swatch launches pay-by-wrist watch in China

Swatch launches pay-by-wrist watch in China

15 October 2015  |  7669 views  |  0 comments | 18 tweets | 22 linkedin
Citi, Fidelity and Mint develop first FS apps for Apple Watch

Citi, Fidelity and Mint develop first FS apps for Apple Watch

09 March 2015  |  14197 views  |  0 comments | 28 tweets | 21 linkedin
Oz telco Optus preps smartwatch payments

Oz telco Optus preps smartwatch payments

03 March 2015  |  6085 views  |  0 comments | 7 tweets | 4 linkedin
PayPal launches Pebble smartwatch app

PayPal launches Pebble smartwatch app

19 November 2014  |  8355 views  |  0 comments | 15 tweets | 19 linkedin
Smartwatches face challenges as payment devices

Smartwatches face challenges as payment devices

15 October 2014  |  9363 views  |  0 comments | 10 tweets | 13 linkedin
StockTwits builds smartwatch widget

StockTwits builds smartwatch widget

06 September 2013  |  7447 views  |  0 comments | 6 tweets | 3 linkedin
Pre-paid contactless wristwatch launched

Pre-paid contactless wristwatch launched

29 November 2011  |  10791 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.solutions.lexisnexis.comvisit www.aciworldwide.comvisit www.thomsonreuters.info

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
9964 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
9391 views comments | 17 tweets | 36 linkedin
Brits flock to digital-only banksBrits flock to digital-only banks
7416 views 11 comments | 11 tweets | 15 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
6797 views comments | 19 tweets | 20 linkedin
hands typing furiouslyReshaping Customer Engagement & Da...
6234 views 0 | 4 tweets | 2 linkedin

Featured job

Find your next job