Hot on the heels of Samsung and ABSA providing early access to Samsung Pay, FNB has announced that customers can now make payments through their VISA enabled FNB Banking Cards by simply tapping their compatible Fitbit or Garmin Wearable on any contactless enabled point-of-sale device.
If you have a compatible Fitbit or Garmin wearable, you’ll be able to make payments without your card.
To make payment, you’d simply need to select the wallet feature and then tap your wearable on the contactless point of sale, just like you would when paying with your FNB Pay enabled smartphone or your contactless card.
Jason Viljoen, Head of Digital Payments at FNB, says “This latest offering complements a number of our digital solutions that enable customers to conveniently make payments without the need for carrying a physical card or cash. It further aligns to our ongoing strategy to migrate customers to digital channels where we continuously provide them with innovative and customer-centric solutions that meet a diverse range of needs.”
The bank continues to receive overwhelming responses from customers using FNB Pay, a globally accepted contactless payment solution which allows customers to purchase goods by simply tapping their smartphones on any contactless enabled point of sale.
FNB says that multiple layers of security, such as encryption and tokenization, make this one of the most secure methods of making a payment and that your card details will never be shared with retailers, Fitbit or Garmin.
As a further security measure, whenever the Fitbit or Garmin device leaves your wrist you will be required to enter your wearable pass-code once placed back on your wrist in order to re-activate the functionality.
“The device stays authenticated for 24 hours or until you take it off your wrist. In addition, the point of sale device will also prompt you to enter your card PIN for certain transactions. Both your card PIN and device passcode should never be shared with anyone.” says Viljoen.
Upon linking an FNB Banking Card on the Fitbit or Garmin App, you’ll be sent an OTP message via the FNB Banking App, SMS or email.
This payment solution is available to existing FNB/RMB Private Bank cardholders, who have a compatible Fitbit or Garmin device and have downloaded the Fitbit or Garmin App onto their cellphones. The list of compatible wearables can be found on the Garmin and Fitbit websites.