8th February 2016 Church News.
Fit Pay, a payment platform for wearable devices, has announced the closing of $3.1 million in seed funding led by Giesecke & Devrient (G&D), a supplier of mobile security products and software to banks and mobile data operators. Fit Payâs system allows wearable device manufacturers to add contactless capabilities to their products. The platform uses Near Field Communication (NFC) technology, combined with card network tokenisation, to interact with point of sale terminals.
