Comments are turned off. Westpac customers will soon be able to tap-and-pay hands-free with the announcement of a new wearable payment option, ‘PayWear’. Westpac Group Chief Executive, Consumer Bank, George Frazis said customers across the country embrace greater convenience and expect to be able to simply tap-and-pay. Subscribe to our RSS feed and stay up to date with all of our press releases. It will be on the go with our customers and ready for use when they are. The PayWear Essentials range of wristband and keeper will be available from December. In fact, that little “keeper” can be attached to any existing watch or fitness band as it is the part which contains the microchip […] ^Your PayWear Card order includes a complimentary black Keeper from the Essentials range (limit of one per Westpac PayWear Card order). We’ll send you your PayWear Card and complimentary black Keeper ^ to your residential address. The first Australian designer to be announced, who will design a range of unique products for Westpac PayWear, is award-winning surfboard shaper and entrepreneur, Hayden Cox of Haydenshapes. The Westpac PayWear Essentials Range includes a Keeper to wear with your existing watch or fitness band... What are the product specifications for the Westpac PayWear Essentials range? Westpac Signs Up With Designers For Their New Wearable Payment Technology. This product signals an inevitable and innovative progression of our everyday routines. “Australia has the highest contactless penetration in the world, and cards continue to replace cash as consumers demand convenience,” he said. Style obviously plays a big part with 70% of customers only wearing a wearable device if it suits their personal style and lifestyle. Westpac PayWear allows you to tap and pay on the go. This is why there will be a partnership between the bank and iconic Australian designers to create a variety of wearable accessory designs to suit different tastes, preferences and styles. As other major banks begin to offer this technology, consumers will need to be more vigilant and treat PayWear in the same way as a wallet or a contactless payment-enabled phone. Locally designed and developed by IDEMIA in Australia in close collaboration with Westpac, the Westpac PayWear is part of a new … What is “PayWear”? With the chip inside, and linked to the user’s Westpac account, either device can perform contactless transactions via NFC technology. Westpac customers are invited to express their interest now for the upcoming Westpac PayWear Essential and Designer ranges at www.westpac.com.au/paywear. How to put a SmartPlan on a balance transfer, … All Westpac customers with an everyday banking account eligible for a Debit Mastercard® will be able to order a PayWear Card online via Westpac Live, which can be inserted into the PayWear accessory of their choice. So, what Westpac's PayWear does instead is to be a new wearable payment technology that will "allow customers to make contactless payments with either a … Add atmia.com to your favorites, make it your homepage or pin the website to your task bar or desktop. The new way to tap and pay will be available to customers in December. About the ‘Centsitive Objects’ range. Westpac PayWear is a chip (PayWear Card) linked to your chosen Westpac everyday bank account which can be inserted into a PayWear Accessory such as a silicone Keeper. Launching next month, PayWear Essentials will be out in the market. Earlier this week, Westpac unveiled ‘PayWear’, a new battery-free piece of wearable payment tech that will become available in December. Discover the best smartphones, latest apps, cool gadgets, social media, emerging tech and news. The Centsitive Objects Slimline Keeper and Centsitive Patch are unique payment accessories designed to house a Westpac PayWear Card so you can tap and pay on the go. PayWear allows a consumer to make payments by tapping a “Smart” accessory to a contactless payment terminal. The new range also adds to Westpac's existing PayWear Essentials wearable payment tech which launched late last year and includes a waterproof wristband and a keeper. Locally designed and developed by IDEMIA in Australia in close collaboration with Westpac, the Westpac PayWear is part of a new generation of payment wearables, made for everyday life. Each Westpac PayWear™ Card (PayWear Card) order comprises an Essentials starter pack which includes a complimentary black Keeper. The Essentials Range includes a Keeper to wear with your existing watch or fitness band and a Band to wear on your wrist. Making technology accessible for everyone by providing great tips, news, reviews, amazing apps & cool gadgets! Westpac reveals ‘PayWear’ wearable payment technology - Westpac will offer customers a new range of wearable, hands-free and battery-free payment accessories (2017) This device contains a microchip (PayWear Card) linked to the customer’s everyday transaction account. “Functional design is something I’ve always been passionate about – particularly technology and products that improve experiences for people. Your PayWear Card comes with a complimentary black Keeper from the Essentials Range to get you started. Over the weekend, Westpac announced its latest innovation in wearable payment technology with the launch of "PayWear". “It was this passion which led me to creating and filing a patent on my parabolic carbon fibre surfboard construction, FutureFlex, and wanting to uniquely design my product to improve the serving experience,” he said. The best sleeping position for back pain, neck pain, and sciatica - Tips from a physical therapist - Duration: 12:15. Hayden says that the opportunity to collaborate with Westpac has been a natural fit when it comes to designing products that are innovative, functional and stylish. Functioning just like a debit card, customers can just tap and pay in the same way, without having to reach for their wallet or smartphone. A range of leading Australian designers will be hand-picked to speak to a wide mix of everyday Australians - from surfers and fitness fanatics, to busy parents, professionals and festival-goers. Both the Keeper and Band are waterproof, made from high tear strength silicone and available in a range of colours. Customers will be able to get a PayWear Essentials accessory free of charge for a limited time, making it accessible to all our everyday banking customers,” Mr Frazis said. Moreover, users can insert the chip into a silicone band, or a platform called a “keeper”, which can be attached to other watches, or even other fitness bands, to turn these into PayWear devices. You can purchase additional PayWear accessories to … What information is available for interest rates and tax? In fact, 70% agreed that they would only wear a wearable device if it suited their own personal style and lifestyle. What if I have 2 banking apps? Westpac launches 'designer' wearable payments accessories. Battery free - no charging required. With PayWear, there’s no need to dig through a bag or login to an app. Keeper (Black) Discreetly and securely attaches to your existing watch or fitness band. Wouldn’t it be so much easier if we just paid everything with our wearables? The comfortable and low profile design of the silicone Slimline Keeper attaches to your watch or fitness band making those everyday purchases simpler. Hayden Cox says the opportunity to collaborate with Westpac has been a natural fit when it comes to designing products that are innovative, functional and stylish. PayWear uses the same contactless technology as your Debit Mastercard ®. “We’re always looking for new ways to help make our customers’ lives easier, and with our new PayWear products, customers will be able to pay on-the-go, in one hands-free step.”. Learn more. Westpac offers reimbursements for unauthorised transactions but the consumer must not have contributed to the loss and must have contacted Westpac promptly. Women Love Tech is passionate about supporting women in STEM. For more info go to www.westpac.com.au/paywear. Westpac is now the first major bank in Australia to embrace “PayWear” as the next development in this space. “When speaking with customers, personal style and choice were important. We have a wide selection ranging from conference details, regional news and industry updates. Come December Westpac customers will have a whole new way to pay available to them. Sign up to receive the news you want from ATMIA. Westpac’s ‘Centsitive Objects’ wearable payments range comes in five new accessory designs, including a safety pin, iron-on patch and a keychain, which contain a chip known as a PayWear card that is linked to a customer’s everyday transaction account. We use cookies to secure and tailor your web use. ----------------------------------Thanks for WatchingDon't foget This material may not be published, broadcast, rewritten, or redistributed. Westpac customers will be able to use PayWear to make purchases on all contactless-enabled terminals. Nope, it’s not Apple Pay, it’s a silicone wrist band complete with tap and pay attachment. “Australia has the highest contactless penetration in the world, and cards continue to replace cash as consumers demand convenience. All rights reserved. Our notice explains how we use cookies and how you can manage them. The Designer range is due to be available to customers in early 2018. A range of leading Australian designers will also be chosen from fitness fanatics, to … By continuing to use this site, we assume you're ok with our notice. Welcome to Women Love Tech – an award-winning lifestyle technology site. Australia already has the contactless payment penetration in the world, however Westpac are the first of the big-four banks to … “Working with Westpac to create an exclusive range of wearable accessories which evolve the way people make contactless payments is exciting to me. Be sure to follow us on LinkedIn, Twitter and YouTube. At Westpac’s supplier dinner in presence of its core suppliers from various industries, IDEMIA received an Innovation award, in recognition for the success that the PayWear product has achieved since it was launched in late 2017. The PayWear solution essentially revolves around a small chip called the “PayWear Card”, which can be inserted into a wristband or a small silicone token called the PayWear Keeper. Locally designed and developed by IDEMIA in Australia in close collaboration with Westpac, the Westpac PayWear is part of a new generation of payment wearables, made for … Launching next month, PayWear Essentials will be out in the market. With PayWear, your money is always with you, even if your phone, debit card or wallet isn’t. The waterproof and easy-to-wear payment technology will mean that you can make cardless purchases whether you’ve just jumped out of the surf or the bus. Be inspired by our regular profiles of women in tech as we continue with our mission to promote women in STEM and to make technology easy and fun. Westpac PayWear is a chip (PayWear Card) linked to your chosen Westpac everyday bank account which can be inserted into a PayWear Accessory such as a silicone Keeper. Read the disclosure documents for your selected product or service, including the Terms and Conditions or Product Disclosure Statement, before deciding. Westpac’s PayWear – Innovative Wearable Payment Technology. PayWear boils down to a microchip that keeps all the payment information and the relevant infrastructure in place to operate it. Waterproof - perfect for summer fun. Available for personal customers only with a Westpac everyday bank account that can be linked to a Debit Mastercard®, apply … The PayWear essentials will be available next week and The Designer range will be out in early 2018. Call 132 032 for more information. ©2020 Women Love Tech. How do I make a payment with my Fitbit smart watch? It’s a silicone band and a ‘keeper’, which can be easily attached to a watch or fitness band. “With PayWear, there is no need to search through a bag, login to an app or worry about battery life. This is where the products I’m designing will sit.”. The first designer partnership to be announced is Hayden Cox of Haydenshapes. This wearable payment technology is waterproof and battery-free. Westpac PayWear starts at $4.95 for its Essentials starter pack, which includes the chip and a “keeper” for attaching it to an existing watch or fitness band. Women Love Tech is an award-winning lifestyle technology site. PayWear Essentials, available early December, includes a silicone band and a ‘keeper’, which can be easily attached to an existing watch or fitness band, containing a microchip (PayWear Card) linked to the customer’s everyday transaction account. Mandalay Bay Resort & Casino - Las Vegas, NV, Sheraton Vancouver Wall Center ~ Vancouver, Canada, Europe 2021 ATM & Payments Innovation Summit, BitCoin: Virtual Currency with Real Opportunities, ATM OS Migration Cost Model for Deployers, Annual Point System for ATMIA Consultants, ATM Cyber, Software and Encryption Security Working Group, ATM Skimming & Card Data Compromise Working Group, European Independent ATM Deployers Committee, Financial Institution ATM Deployers Forum, Sponsoring Financial Institutions Commitee, Sponsoring Financial Institutions Minutes. If you haven’t already ordered a PayWear Card, you can order one through Westpac Online Banking. Category Education; Show more Show less. He added that designing something that is functional has always been something that he is passionate about particularly technology and products that improves experiences for people. We’re always looking for new ways to help make our customers’ lives easier, and with our new PayWear products, customers will be able to pay on-the-go, in one hands-free step. Centsitive Objects is designed and manufactured exclusively for Westpac by award-winning Sydney … If you’re not a Westpac customer, you’ll need to open a Westpac everyday bank account. We are confident that this Westpac partnership will keep growing and meet new client needs in the future.” IDEMIA has supplied and supported Westpac with the PayWear Contactless Chip along with wristbands, keepers and packaging. Customers will soon be able to utilise Westpac’s new “PayWear”, which involves a silicone band and “keeper”, which can be attached to a customer’s watch or fitness band. The wearable product is in addition to the supply of cards for Westpac, which IDEMIA has performed since 2013. We look forward to staying in touch! All Westpac customers with banking account eligible for a Debit Mastercard will be able to order the PayWear Card online via Westpac Live, which can be inserted into the PayWear accessory. The first Australian designer producing a range of unique products for Westpac PayWear is surfboard shaper and entrepreneur, Hayden Cox, of Haydenshapes. Designs will be hand-picked to speak to a wide mix of everyday Australians – from surfers and fitness fanatics, to busy parents, professionals and festival-goers. George Frazis, Westpac Group Chief Executive said Australia will be able to experience the greatest convenience of this technology. It was this passion which led me to creating and filing a patent on my parabolic carbon fibre surfboard construction, FutureFlex, and wanting to uniquely design my product to improve the surfing experience. Sign in to Westpac Online Banking to order and link your PayWear Card to your chosen Westpac everyday bank account. The announcement of PayWear builds on the Westpac Group’s strong history of digital innovation, as the first to introduce internet banking to Australia, and the first in the world to deliver fingerprint sensor technology (Touch ID) to mobile banking logon in 2014. PayWear allows a consumer to make payments by tapping a “Smart” accessory to a contactless payment terminal. Hayden Cox, seen here in our hero shot, is an award-winning surfboard shaper and entrepreneur. Well, there is a way now with Westpac’s PayWear, a tap-and-pay hands-free wearable payment technology. This is why we will collaborate with iconic Australian designers to create a variety of wearable accessory designs to suit different tastes, preferences and styles,” Mr Frazis said. Westpac is now the first major bank in Australia to embrace “PayWear” as the next development in this space. Well, there is a way now with Westpac’s PayWear, a tap-and-pay hands-free wearable payment technology. You may update and change these details at any time. It’s a silicone band and a ‘keeper’, which can be easily attached to a watch or fitness band. What is “PayWear”? It’s an always on-the-go wearables that customers can experience smooth convenience to just tap and pay. Tone and Tighten Recommended for you While some customers may opt for the simpler Essentials range, there is also a part of the market that will want something with a little more flavour. The device is waterproof, does not require recharging and is durable enough to be worn every day. The bank has made payment-enabled keychains, silicon tags, and some pins … “Unlike many other wearable payment options, our customers don’t require an expensive device to access this technology. Customers can tap and pay in the same way they regularly do with their debit card, without having to reach for their wallet or smartphone, through the new range of waterproof and battery-free wearable accessories. 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