ABnote-LAKS Smart Watch Lets You Make Contactless Payments

ABnote has begun distributing the LAKS Smart Transaction Watch in the United States and Canada.  The watch makes it possible to make a contactless payments by simply waving it to complete a transaction. As you see in the photo, the watch features a slide in system for a SIM sized Smart Card, and the watch can also be issued with a traditional companion card linked to the existing cardholder account, so you can have the option of using either the watch or card for payment. The ABnote-LAKS Smart Watch can also be used for everyday travel at compatible Mass Transit systems in the near future. The watch looks pretty bland here, but it can be customized with a variety of colors and graphics, and corporate branding is also possible.

“In addition to showing you the time, the ABnote-LAKS Smart Watch is an extremely quick, convenient, stylish and exciting way for users to process payments. The time has come for more convenient payment methods and with this smart watch, time is now truly money”, says Lucas Scheybal CEO of LAKS GmbH