FB pixel

Tappy exhibits wearable biometrics-enabled payment device at Money20/20 China

 

This week at Money20/20 in China wearable payment technology pioneer Tappy Technologies exhibited a wearable payment solution developed in collaboration with Expresspay Card.

Tappy’s technology can be fully integrated into form factors such as watches, chain bracelets, jewelry and other accessories, transforming them into payment and access devices through its “Digitize your payment cards into your favorite wearables” process.

Expresspay Card, a partner of Tappy, is a joint venture founded by the Bank of China and China UnionPay through institutional investments, and is 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.

Expresspay Card’s technology can be deployed to understand 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.

“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.”

In October Zwipe and Tappy Technologies announced a partnership to jointly develop and launch biometrics-enabled wearable payment, access and digital authentication devices.

Biometric payments are flourishing in China due to unique circumstances in the country’s culture and payments infrastructure, industry experts recently told Biometric Update.

Article Topics

 |   |   |   | 

Latest Biometrics News

 

EU AI Act should revise its risk-based approach: Report

Another voice has joined the chorus criticizing the European Union’s Artificial Intelligence Act, this time arguing that important provisions of…

 

Swiss e-ID resists rushing trust infrastructure

Switzerland is debating on how to proceed with the technical implementation of its national digital identity as the 2026 deadline…

 

Former Jumio exec joins digital ID web 3.0 project

Move over Worldcoin, there’s a new kid on the block vying for the attention of the digital identity industry and…

 

DHS audit urges upgrade of biometric vetting for noncitizens and asylum seekers

A recent audit by the DHS Office of Inspector General (OIG) has called for the Department of Homeland Security (DHS)…

 

Researchers spotlight Russia’s opaque facial recognition surveillance system

In recent years, Russia has been attracting attention for its use of facial recognition surveillance to track down protestors, opposition…

 

Estonia digital identity wallet app from Cybernetica lifts off

Tallinn-based Cybernetica has submitted the minimum viable product (MVP) for Estonia’s national digital identity wallet to the Estonian Information System…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Read This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events