SwatchPay Watch with the module NFC

2019: The presentation in Russia of watch of SwatchPay with a possibility of contactless payment

On November 12, 2019 the companies Mastercard also Swatch held the presentation of hours from the SwatchPAY collection! with an opportunity contactless payment which were available for sale in the Russian Swatch shops on November 7, 2019.

As of November, 2019 SwatchPAY service! it is available only to holders of cards of MasterCard. The technology of contactless payment is supported by six models of the SwatchPAY collection! with the module NFC hidden under the dial. Service works using technology of tokenization Mastercard – it means that the card number does not participate in transaction, and is replaced with other number (token).

"Mastercard actively develops the "Commerce for Any Device" program: we implement means of payment of the most different form factors. Russia is discovered to such new products: according to results of the research MasterIndex, the popularity of gadgets with payment functionality grew last year by 30%", 'Mikhail Fedoseyev, the director of business development and digital payments of MasterCard in the region of the fast-growing European markets noted'

As noted in Swatch, watch of SwatchPAY! are waterproof and maintain depth to 30 meters. They do not require charging and therefore are always ready to payment commission.

For November, 2019 retail cost is 5300 rubles. Purchase hours from the SwatchPAY collection! it is possible in all cities of Russia where Swatch shops are provided: Moscow, St. Petersburg, Novosibirsk, Yekaterinburg, Samara, Sochi, Vladivostok, Kazan. In number of banks which connected SwatchPAY service! for the clients, entered: Moscow Credit Bank (MCB), Tinkoff Bank, VTB Bank, JSC Rosselkhozbank. Otkrytiye bank and its banks partners will also offer the provided service.

According to the producer to have an opportunity to pay purchases using hours, it is necessary to take only three steps. The first — to purchase models from the SwatchPAY collection! And to activate the SwatchPAY function!. Two — to install the SwatchPAY application! (it is available on iOS and Android) and to enter these MasterCard cards of the Russian bank supporting SwatchPAY!. Rub — to activate watch of SwatchPAY! through special SwatchPAY! VOH set in Swatch shop. After that it is possible to pay purchases with hours of SwatchPAY! and it is easy to manage payment actions in the application.