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Wearable Technology Insights
Posted on February 08, 2018

Australia launches wearable payment ring

Whether you're out for a jog, at the beach or balancing groceries and kids, your wallet or phone isn't always easy to get your hands on. Bankwest Halo is the latest in wearable payment tech. It works exactly like your contactless cards, just grab the things you need, fist-bump the terminal and go.
"Bankwest is leveraging both new technologies and new ways of working, to meet rapidly changing customer needs and we're transforming into an environment with the very best technology, design and creative professionals, who think and act differently," executive general manager, Technology and Transformation Andy Weir said.
The ring costs approximately at AU$39 and comes after feedback from trials the bank conducted last year.
The Halo ring it's backed by the same Zero Liability Protection that applies to the Bankwest range of debit Mastercards.
Source and top image: Bankwest
Learn more at the next leading event on the topic: Business and Technology Insight Forum. Tokyo 2019 External Link on 20 - 21 Feb 2019 at Tokyo, Japan hosted by IDTechEx.