Safran Identity & Security, a world leader in security and identity solutions, announces that its secure element for contactless payment “Style2Pay” has been certified by Mastercard.
Thanks to contactless technology, consumers can make payments at any time by simply tapping a contactless device. To combine the convenience of something people always have with them with the speed of contactless payments, the Style2Pay tag can be inserted into any form factor, such as a wristband, a key holder, a watch or a necklace.
This easy and fun way to pay is on the rise. The number of wearables is expected to reach 213.6 million units worldwide in 2020* as user demand increases for different applications such as sporting events, music festivals, public transport tickets or amusement parks.