The Smartwatch and Payments

When it comes to payments a lot of new technologies are now in play. So which of these newfangled devices are being used most frequently to make payments. Check out the position of the smartwatch. Smartwatch usage is quiet a surprise.

The dark side of wearables: How they're secretly jeopardizing your security and privacy

From Tech Republic –

“The seductive lure of activity and health wearables make it easy to forget, or ignore, the inherent security and privacy risks involved.

The gentle buzz of a wearable device vibrates on your wrist at 7 am. You sync the device with your smartphone to see how well you slept. The result: poor. You feel groggy, so you drink extra coffee, which increases your heart rate, a data point also recorded by your wearable. You trudge through your morning routine more slowly than usual, so you skip that half hour on the elliptical and head for the office.”

Read more>>

Apple Watch will deliver ‘Hyper-Local’ ads on your wrist

From Business Insider -

“The mobile ad exchange TapSense on Monday announced the very first ad platform for the Apple Watch, which will include a software development kit to help app developers, marketers, brands and agencies deliver their ads and content on Apple’s first wearable device for the wrist.

According to Apple Insider, TapSense’s ad platform will use your iPhone’s GPS to deliver contextual local offers, like coupons from a local store, right on your wrist.”

Read more>> 

Editor's comment: This could be a real turn-off for potential watch fans, especially if they see this advertising as spam.