MasterCard Collaborates With WISeKey To Revolutionize How You Pay

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Photo: MasterCard

MasterCard and WISeKey has just announced a partnership at the Mobile World Congress, to bring contactless payments on a selection of luxury watches and wearables. WISeKey already has a long list of premium watch manufacturers which already use WIS.WATCH, including Hublot and Bulgari. WIS.WATCH is WISeKey’s patented security software.

“WISeKey and MasterCard will open the door to additional e-commerce and marketing opportunities for luxury wearable device and watch manufacturers,” said Carlos Moreira, CEO of WISeKey.

The partnership adds new brands and devices to current similar MasterCard programs such as Groceries by MasterCard, as new app collaboration that lets you order groceries directly from Samsung’s Family Hub refrigerator. Atlas, Moov, and Omate are also part of the MasterCard program, which enables payment from their collection of Fitness Bands and Smart Watches.

In this collaboration, MasterCard’s payment technology is integrated with WISeKey’s Cryptographic Root of Trust for IoT and NFCTrusted© technology solutions for a convenient and secure shopping experience. Well, you never know when you suddenly realize that you need some last minute groceries on your run, or when you accidentally left your wallet at home.

“Our collaboration with WISeKey is a great example of how payments functionality can deliver transformative more value for a variety of device manufacturers, and create safe and convenient shopping experiences,” said Sherri Haymond, senior vice president, Digital Payments and Labs, MasterCard. 

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