Report: Amex, Jawbone to Partner on Payments Wearable
April 16, 2015
American Express and fitness-band maker Jawbone will partner to enable purchases at select merchants, according to a report in the Wall Street Journal. The report, which neither company will comment on, said the two will announce the partnership this week but that Amex purchases will not be enabled through Jawbone’s new UP3, which is shipping soon.
Wearables have been receiving more attention lately as potential payment instruments as more and more companies explore the possibility of integrating the biometric capability of such devices with payment authentication and including NFC.