Optus unveils smartwatch to pay for goods under $100

[1] Plans are underway before the end of the year to make payments via smartwatch a reality through an ambitious project by Optus.

[2] Under the new plan, shoppers will be able to make payments for goods by just waving their “smartwatches” in front of a retail terminal.

[3] This initiative by Optus exploits the use of its existing ‘Cash by Optus’ scheme where users make payments by waving their NFC enabled Android smartphone in front of a retail terminal.

[Source] http://www.theaustralian.com.au/life/personal-technology/optus-unveils-smartwatch-to-pay-for-goods-under-100/story-e6frgazf-1227246853873