[1] eWAY, an Australian payments platform company, has launched a wearable payments app that let’s Apple Watch users accept payments through their smartwatch.
[2] With the app, merchants can initiate payments through the smartwatch and have customers tap their card to make a transaction through the eWAY SmartPOS card reader (linked to merchants’ eWAY accounts).
[3] According to eWay, wearable payments is a growing trend, citing Ovum research that found majority of Apple Watch users in the UK use their smartwatch for payments.