- In October 2024, Tappy Technologies announced the launch of world's first fitness and payment ring, integrating fitness tracking with network card tokenization for contactless payments. Unveiled at Hong Kong Fintech Week 2024, this innovation strengthens Tappy’s position in the wearable payment market by combining health and financial technology. The introduction of multifunctional wearable payments is expected to accelerate market growth by appealing to tech-savvy consumers seeking seamless, secure, and health-integrated payment solutions
- In March 2024, IndusInd Bank launched 'Indus PayWear,' India's first all-in-one tokenizable contactless payment wearables for both debit and credit cards, exclusively on Mastercard, with plans to expand to other networks. This innovation strengthens IndusInd Bank’s position in the contactless payment market by enhancing consumer convenience and security. The introduction of wearable payment solutions is expected to drive market adoption, catering to the growing demand for seamless and secure digital transactions in India
