Mobile payment has gradually developed from mobile phones to the watch market. Garmin and iPASS card last year launched the first payment handset, and up to 95% mobile card rates. Yesterday (14 days), we worked together with the 6 banks to jointly announce the official line of “Garmin Pay”, the first first cross ticket and credit card payment platform in Taiwan. Besides, it is not necessary to take mobile phones out, so long as a good watch is set, it can be paid independently.
At present, Garmin’s intelligent wristwatch vivoactive 3, and the upcoming professional sports meter Forerunner 645 Series in April also support Garmin Pay, the later out movement without any more change, a watch can be solved, compared to the Cellular version of Apple Watch Series 3, although it has support eSIM function, unfortunately there is no electricity in Taiwan at present. Credit providers provide services, so they are not yet able to pay the watches independently. Therefore, Garmin currently dominates the wearable payment market in Taiwan.