Munich, November 4, 2015 – Giesecke & Devrient (G&D) is the provider of the embedded smart card chip and the operating system that enable the first contactless payment watch in China, Bellamy, by the Swiss watchmaker Swatch.
“We are very proud and honored that G&D had the opportunity to contribute to the innovative Swatch Bellamy watch”, said Stefan Auerbach, Group Executive Mobile Security at G&D. “Partnering with hardware manufacturers is an ideal way of combining style, convenience and security. The Swatch Bellamy makes every-day payment transactions more convenient for the global user, and we make sure that these transactions are protected. We see ‘smart hardware’ as the next step toward a hyperconnected world and are poised to support this development with our security expertise. Payment functions are gradually becoming a standard feature for wearables, and we expect this trend to expand to other hardware, incorporating not only payment but also other applications, such as for example public transport. Security for these applications, the protection of data and privacy, is a must in order to create broad acceptance in the markets.”