In Spain, CaixaBank launches its own contactless payment wristbands

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Wearable technology has already made great waves in the fitness sector, and it could now take over the payments industry. With the recent introduction of Apple Pay, we’re already seeing the replacement of the traditional wallet becoming mainstream. In Spain, CaxiaBank has now developed its own contactless wristbands for customers who want to pay with a simple tap of the wrist. Consumers are already getting used to paying for small payments without signing or entering a PIN, thanks to the widespread usage of contactless cards. However, these cards still require bank customers to carry around a physical wallet. To solve…

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