Turning wearables and other devices into Secure Element (SE) based payment device
If you were considering manufacturing the best wearable payment devices then OTI’s PayEnable digital enablement platform is your choice. The platform provides an easy way to turn consumer products or wearables into secured contactless payment devices. This allows consumers to pay with their wristband, shirt, ring, or any other wearables anywhere contactless payments are accepted.
It’s time to put the bank card down and start paying with cool fashionable payment device. Juniper Research estimates that wearables payment will hit $100 billion by 2018. Take a bite in this rapidly growing market and embed OTI’s PayCapsule and PayCapsule-Flex into your products and devices.
OTI offering for payment wearables
OTI’s PayCapsule is a NFC contactless secure element that stores payment information used for making authenticated and secured transactions and purchases. PayCapsule can be encapsulated into almost any consumer gadget device or accessory and is small enough to fit into a watch, a key fob or even a ring jewelry.
OTI’s PayCapsule-Flex is a NFC contactless, waterproof, secure wearable technology, that stores payment information along with personal identification used for making authenticated and secured transactions. PayCapsule-Flex can be encapsulated into nearly any fashionable garment or wearable accessory, such as jewelry, sportsware, fitness bracelets, and watchbands.