GIGAOM - Jan 15 - The wristband with an embedded NFC chip and a Bluetooth radio connects to a smartphone. Wirecard lets users load a credit or debit card's credentials into its device and use it to pay for goods in place of a plastic card. But instead of just emulating the digits on your card for a magnetic stripe reader, the Band uses a new secure payments technology backed by Google, MasterCard and Visa called Host Card Emulation (HCE).
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