China contactless smartwatch payment services unveiled

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By the middle of 2017, China’s central bank regulation will ensure that all payment terminals will feature contactless payment. In anticipation of this development, Oberthur Technologies (OT) is collaborating with Mobvoi and China Union Pay to launch an Android smart watch that will facilitate contactless payment in China secured by OT’s embedded Secure Element.
As of September 2015, Mobvoi’s Ticwatch is the best-selling Android smart watch in China following its...