Barclays’ mobile payments business, Pingit, has launched an online platform for the sale of wearable tech.
Customers will be able to access wearable gadgets to use for payments via Pingit.
Wearables can be used across a range of bank accounts.
The company will work with brands like Hugo Boss to improve its range of accessories.
What does this mean?
Around one in five adults currently wears a smartwatch or fitness band and the wearable technology market only stands to grow – Barclays has chosen to merge these technology pieces with its current payment app so customers don’t need to do anything to be able to pay via a bracelet, key fob or watch.