Fidesmo has partnered with Swiss watch brand Mondaine to bring its wearable payment service Fidesmo Pay to the watch collection. The partnership will enable payment cards with support for Fidesmo Pay to connect to the Mondaine PayChip service.
“We are glad to welcome Mondaine to the Fidesmo Community and to join us on the road towards a more contactless future. All supported payment cards with Fidesmo Pay are able to be connected to the Mondaine PayChip, giving thousands of people the opportunity to make stylish and secure contactless payments with Mondaine watches,” said Mattias Eld, CEO, and co-founder, Fidesmo.
“Four years after the first launch of the pay chip’s first generation, we are proud to launch the latest state of the art technology today. After a thorough evaluation of various contactless payment technologies, we decided to enter into collaboration with Fidesmo, as they provide a ready contactless payment system and even future developments far beyond payment. Fidesmo’s technology combined with our strong brand with the minimalistic, timeless Swiss-made watches gives a great value to our consumers, and it is fun, too,” said André Bernheim, Co-owner Mondaine Group.
The collaboration is expected to enable cardholders from other European banks in multiple regions, to make contactless payments with the Mondaine PayChip. According to Mondaine, the PayChip can be inserted into a specially developed strap with a pocket, or into a special strap loop, which can be added to many Mondaine watches. The patented system allows customers to swap the pay chip from one watch to another and pay by holding the watch close to any payment terminal.
