Tappy Technologies, the wearable payment enabler, and UAE-based telco Etisalat have announced a partnership to offer payment and access enabled wearables in the UAE.
As the consumer demand for contactless payments continues to grow, these wearables were first showcased at GITEX Technology Week 2018.
Alberto Araque, vice president/Internet of Things & Digital Payment Etisalat Digital said: “Etisalat Digital Payments is aiming to be an omnichannel payment platform addressing changing needs of consumers and merchants. Several new payment features and solutions are launched during 2018. Etisalat together with Tappy plans also to penetrate in enterprise wearable payments market.”
Etisalat was one of the first companies in the region to introduce mobile payments and the launch of payment and access enabled wearables in partnership with Tappy is another step forward, the telco said in a statement.
“The ability to use items worn on the body to quickly and easily pay for goods and services takes the convenience of mobile and contactless payment to a whole new level,” Araque added.
Wayne Leung, founder and CEO of Tappy Technologies, said: “We see a massive potential for growth here as the region and particularly the UAE is rapidly moving toward a digital and cashless society.
"Etisalat is one of the most trusted, recognised and innovative brands in the region, and we are delighted to be their wearable payment partner. Through our association with Etisalat, Tappy aims to bring its exciting wearable payment and access technology to the audience in UAE.”