Ep242: Turning wearable payment technology into a fashion statement

Terrie Smith, CEO, & David Birch, Chairman, DIGISEQ

The global wearable devices market is primed to reach $62.82 billion by 2025. UK-based DIGISEQ has announced a breakthrough in payment wearable technology giving consumers the functionality to turn any object of choice into a payment device via a mobile APP. The new solution, Rapid Contactless Personalisation, works with both Android and iOS, delivering Mastercard payment data, via secure tokenisation. The pandemic has accelerated the pace of adoption of IoT technology and contactless applications are forecast to extend to more than 41 billion devices by 2027. Robin Amlôt of IBS Intelligence speaks to DIGISEQ Chairman David Birch and the company’s CEO Terrie Smith.