Did you know Fitbit is about to come out with its own smartwatch payment service? It will allow you to easily buy a bagel during your morning jog without worrying about carrying cash or a card. Let's take a look at what the new Fitbit Pay offers you.
The FitbitFitbit is a company that manufactures a fitness-tracking device of the same name. The Fitbit is more than just a smartwatch. This wristband measures a person's heart rate, steps, sleep patterns and so much more. There's even been a case where Fitbit data was used to determine a patient's pattern of atrial fibrillation prior to his seizures. There have also been two situations where Fitbit solved a murder and resolved discrepancies surrounding a rape case. And now, it's ready to introduce the new Fitbit Iconic to the world.
The Fitbit IconicThe Fitbit Iconic is a smartwatch offering a waterproof design to record your swim time, a built-in GPS to map your runs and even more fitness routines. This design still has the same wide array of Fitbit band styles available as the original. The Iconic also offers a new way to pay without carrying cash or card, for your utmost convenience.
Fitbit PayFitbit Pay is an aspect of the new Iconic Fitbit in which you have your very own smartwatch payment service. This feature allows eliminates the need to keep up with money or cards on your afternoon jog. Here's what you need to know about this spiffy new feature.
How Does It Work?Fitbit Pay works with any payment reader. You can link your Fitbit Iconic to your bank account and just touch your smartwatch to the payment reader to make a purchase. Consider your Iconic a pseudo-debit card. This aspect of the new Fitbit functions similarly to Android Wear or Apple Watch features.
What Are the Limitations?This Fitbit trait can't be used for payments more than around $50. The monetary limit varies depending on different factors, including which bank you use and your physical location.
Will I Be Able to Use This Function Through My Bank?Your bank must be signed up with Fitbit for you to use this feature. Although debit and credit cards with Visa, Mastercard and American Express are all compatible with Fitbit Pay, your bank ultimately decides whether to give you the go-ahead for use of the new feature. Some banks currently compatible include:
- Banco Santander
- Bank of America
- Capital One
- US Bank
- KBC Bank Ireland
- Royal Bank of Canada