Polar presents the contactless payment system Powered by Fidesmo

Polar, a global leader in sports technology for training, health and well-being for almost 50 years, announces its collaboration with the pioneering Swedish technology company Fidesmo to present a newnew contactless payment system to make payments comfortably and securely.

Easy to adapt and made of soft and durable silicone, these Contactless straps are compatible with all Polar watches and any watch compatible with standard 20mm and 22mm straps.

With this solution, integrating contactless payments into a Polar watch or any other is as simple as changing the strap.

Polar's new payment straps are equipped with an NFC chip which links payment cards and Fidesmo Pay, a secure contactless payment service.

With the Fidesmo Pay app, users can connect their payment card to the strap. As soon as the payment function is activated in the Fidesmo Pay application, users can pay by bringing their watch strap close to any terminal

The solution is very secure, as the bracelet only stores a token representing the user's payment card, eliminating the need to transmit the actual card number during transactions.

Fidesmo's solution enables advanced secure hardware transactions, similar to those of Apple Pay and Samsung Pay.

“This innovative approach makes contactless payment with Polar watches as simple and secure as possible, and increases the appeal of our products instantly,” said Tarja Määttä, Business Director of Consumer Devices and Channels at Polar.

"As the chip is integrated into the bracelet, this solution is compatible with most Polar watches. This includes not only the latest and most advanced models such as the Polar Vantage V3 and the new Polar Grit X2 Pro, but also popular classics such as the Ignite series or Polar Unite among others."

"Integrating Fidesmo's cutting-edge, secure and flexible solution with the renowned reputation of Polar sports watches represents the compatibility and joint vision of both brands.“said Anders Malmström, CEO of Fidesmo.

"We are proud to bring the convenience and security of Fidesmo Pay to Polar users, making daily transactions seamless and more integrated into our users' lifestyles, as well as increasing the possibility of increasing Polar services.

This partnership is a testament to our shared commitment to innovation, quality and improving the user experience."

Polar's new pay straps are designed specifically for sports, made from soft but sweat-resistant silicone to ensure a comfortable and secure fit.

Fidesmo Pay is available in more than 40 European countries and works with any terminal that supports contactless payments worldwide.

Availability

Polar's new paid straps will be available for purchase at polar.com in Europe from May 15 in black, in standard widths of 20mm and 22mm, for €59,90.

Fidesmo Pay currently supports payment cards and banks in Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg , Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland and the United Kingdom.

For more details and the full list of supported banks and payment cards, visit https://fidesmo.com/consumer/fidesmo-pay/

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