Wirecard to enable mobile payments in Kairos Watches

Source: Wirecard AG

Today, the technology and financial services provider Wirecard AG and Kairos Watches Ltd. announced a collaboration in the field of mobile payment services for wearables.

Kairos will use Wirecard`s Payment Software Development Kit for its unique offering of hybrid mechanical smart watches and T-Bands. Wirecard will therefore enable Kairos to offer contactless payment transactions and value added services on every NFC-based terminal around the world.

"Kairos Watches believes that the future of payments is wearable, which is why we chose to partner with Wirecard, one of the world's most innovative payment companies," said Sam Yang, Founder and Managing Director of Kairos Watches. "This partnership with Wirecard brings an unparalleled level of convenience and simplicity for smart watch users when it comes to payments."

Jörn Leogrande, Executive Vice President Mobile Services with Wirecard adds: "The wearable sector is an important driver for secure mobile services like payment, access, ticketing and identification. We are happy to support innovative startups like Kairos which are at the forefront of wearable innovations via our global portfolio of technologies and services."

Wirecard announced the launch of its Software Development Kit for wearable payment solutions in February 2015.

The Kairos Hybrid Mechanical Smart Watch features a Swiss or Japanese mechanical movement with an integrated transparent OLED screen in the glass for smartwatch functions. The Kairos T-Band is a smart band device that allows the wearer to use any watch they want by integrating the smart watch components into the watchband itself.

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