The technology firm exhibits wearable biometric-enabled
payment devices
HANGZHOU, China, Nov. 14, 2018 /PRNewswire/ -- Between November 14 and 16, 2018, wearable
payment technology pioneer Tappy Technologies exhibits its wearable
payment solution in collaboration with Expresspay Card at
Money20/20. Relying on Expresspay Card, Tappy provides customers
with diversified wearable payment solutions, significantly
promoting Tappy's product development and portfolio in China.
Currently taking place in Hangzhou,
China, Money20/20 takes a very close look at the Chinese
market from an international perspective, opening a bridge for
communication between leading Chinese and international fintech
firms, all of whom are seeking to explore collaborative and
business opportunities. Hong
Kong-based Tappy, a pioneer in wearable payments and access
devices, was invited to attend the conference. Tappy's innovative
technology can be fully integrated into form factors such as
watches, chain bracelets, jewelry and many other kinds of
accessories, instantly transforming them into payment and access
devices through "Digitize your payment cards into your favorite
wearables" The company's technology attracted much attention from
participants.
Notably, Expresspay Card, a partner of Tappy, was established
with the guidance of the People's Bank of China. The effort is a joint venture founded
by the Bank of China and China
UnionPay through institutional investments, and is also the only
UnionPay special card issuing member organization in China. Expresspay Card holders can pay with
the card at any merchant that accepts UnionPay cards. Tappy
Technologies works with Expresspay Card to provide customers with a
unique, fast and safe flash payment service. Meanwhile, the new
venture's technology can be deployed to understand their customers'
purchasing behavior through big data, and use the findings to
enhance the buying experience, enhance customer loyalty, and work
with peers and like-minded firms to share resources and data. In
addition to Expresspay Card, UK-based Barclays as well as
India's Axis Bank and ICICI Bank
have also selected Tappy Technologies' proprietary technology to
enhance their customers' mobile payment experience.
At present, Tappy Technologies also serves a number of products
from leading global brands such as Timex watches, GUESS watches,
Suunto motion measurement solutions, Kronaby smart watches and
Mondaine watches. "Our customer base includes many global payment
networks, banks and watch brands," said Wayne Leung, CEO of Tappy Technologies. "Highly
sophisticated algorithms ensure that our unique biometric sensors
operate flawlessly without batteries, and that the watch's design
is aesthetically pleasing, which is important to our watch
partners."
The cross-border cooperation between Tappy Technologies and
Expresspay Card is expected to promote the integration of the
technology pioneer and the makers of watches, bracelets, jewelry
and fitness trackers in mainland China, as they plan to work hand in hand to
roll out the revolutionary concept of biometric technology into the
market, changing the rules of the game for anyone and everyone
involved in the field of wearable payment.
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