(Smart) Watch this Space

How mobile payments are being integrated into wearable technology, and why tokenization can help with security.

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The development of smart devices and the increasing possibilities of its features has lead to a search for a new frontier for technology. The idea of wearable technology has existed in science fiction and other speculative fiction, but only recently has wearable technology became a reality this decade with the introduction of wearables such as smartwatches. The development of smartwatches has not only lead to features such as checking notifications without pulling out one’s smartphone, but also an extended mobile payment platform where they can touch their smartwatches to a payment terminal.

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