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Payments wristband

CaixaBank launches payments wristband that can be used at any Visa merchant.

Payments are made in the same way as a standard contactless card. Customers will have to enter their PIN code for purchases of more than €20 to validate a transaction, while purchases of less than €20 can be completed by simply bringing the device into close proximity to the merchant’s POS terminal. The bank has also developed a corresponding mobile app that alerts users of any transactions made using the device.

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http://www.nfcworld.com/2014/07/03/330129/caixabank-launches-payments-wristband-can-used-visa-merchant/