The OILI wearable contains a small NFC chip, and through the payment solution Fidesmo Pay, you are able to connect your payment card and make safe and simple contactless payments on the go.
When you connect your payment card to your wearable, a reference is created with a different card number. This means that you only have to block your wearable for payments if you lose it, and not your physical card. You use the same PIN code for your wearable as for your payment card. The PIN is required for larger purchases, but sometimes also for smaller ones. It is just like having your payment card around your wrist!
To be able to connect your payment card, it must be in the list of supported cards. More cards are added to the lists as banks activates Fidesmo Pay, so stay tuned. Read more and find the detailed lists here.