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Swatch and Visa debut pay-by-wrist smartwatch venture

Image Credit: Swatch

(Reuters) – Swiss watchmaker Swatch, Visa Inc, and Visa Europe have launched a project that lets Visa cardholders in the United States, Switzerland and Brazil make payments with Swatch’s new “pay-by-the-wrist” Swatch Bellamy watch.

Set to launch in early 2016, Swatch Bellamy can be used around the world wherever contactless near-field communications (NFC) Visa payments are accepted, the partners said in a joint statement.

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(Reporting by Michael Shields; Editing by Christoph Steitz)


Read more: Swatch launches a $90 payments watch in China, coming to U.S. and Switzerland in 2016

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