this post was submitted on 27 Jan 2024
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254
Fossil is quitting smartwatches (www.theverge.com)
submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world
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Fossil is quitting smartwatches::Fossil is going to stop making smartwatches. It was one of the most prolific companies creating Wear OS watches.

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[–] flamingo_pinyata@sopuli.xyz 6 points 9 months ago

The difference is in the bank support. All contactless terminals support all NFC payment providers. But banks don't. Each bank chooses with which services to integrate, and this part is not standardized so it requires some investment on the bank side.