Maybe this will a question the (some of the) customers of Swatch will ask in the future when it comes to paying a bill.
Everybody knows about Apple Pay but soon there will be a new player on the market of Smartwatches offering a payment solution.
With the well known brand name and their proven skills of marketing the Swiss Swatch group (including brands as Omega, Longines and Tissot) could be a serious competitor to Apple in the field of mobile payments.
From now on (February 2015) in 3 months the system is said to be ready.
Swatch’s CEO Nick Hayek has unveiled this following an article published by Bloomberg