In 2007, the first real iPhone revolutionized consumer behavior. Today, if you walk down the street or standing in a crowded subway car, you will see people around with a cell phone texting, reading, watching video, search and consumption. Apple let the phone grafted to become a smart hardware platforms and software, application development, let iPhone become a versatile device, it generates a lot of people depend on the depth, has become a veritable "mobile phone people ", and the birth of a new ethnic lines -" mobile phone overuse. "

The reason why iPhone can have such a big impact, mainly because of its ultimate design, user-friendly functions for the user to bring an unprecedented experience. iPhone has an intuitive user interface, simple and clear operation, very close to demanding qualities which so many users fall in love with its experience. The wearable device has a similar charm, and even some aspects of it than smartphones, such as the human body based on unique identification of convenience.

Internet financial sector, many people are moving to seize pay huge piece of cake. On current trends, it now appears the payment methods, including Paypal, mobile wallet, etc., compared to wearable devices, it is just a transitional stage products. Based on existing phone or card payment, they are not a lack of convenience is the lack of security. In the future, smart wearable device to change the world of mobile payments, Internet banking mobile payment based wearable device will meet the convenience and safety of the two elements, become the best mobile payment.

Based on biometric technology wearable device has a strong personal unique identification of the current biometric technology has been a relatively wide range of applications. Because biometric has the uniqueness and irreplaceable, the user is lost or stolen, the device will automatically start protection or destruction.

In the field of mobile payments, the current overarching concern is the safety of the user to use, followed by the payment convenience. Wearable device combines the two characteristics, with the breakthrough recognition technology, the future is likely to be recognized by any one of the characteristics of the human body and thus activate the device for payment. Such as by a person's blood flow velocity to identify the identity, or by a person's voiceprint to identify the identity.

In addition, with the NFC (ie, short-range wireless communication technology) continues to mature and develop, it will gradually become an ideal form of mobile payment technology (NFC, RFID payment technology patent analysis). In addition it allows the user's wrist-worn device for mobile payment function can also be bus card, the cards, garage keys, house keys, coupons and other integrated in one. Future, a device in the body will be able to access the world of.

In addition to changing the way consumers pay for outside, wearable device will also have an impact on transactions and changes. For example, consumers can use a personal application to scan an NFC tag product on the shelves, to obtain information about this product on their own needs personalized information. If you are allergic to certain foods, wearable device based on the user's previous record, after scanning products, NFC device will automatically detect whether the product contains the user-allergenic ingredients, and make reminder.

In early 2014, Google launched a smart watch Android Wear operating system. Subsequently, a number of banks, including US Bank, Wells Fargo, Bank of Canada online platform intend to develop applications to enable bank customers simply by touching wearing a watch, you can complete the payment, balance inquiries, receiving reminders fraud banking and other operations.

US Bank is committed to carrying the Mot0 360 Android Wear smart watch, glasses, Google and Samsung Smart Watch Development Bank application prototype. Today, the bank being wider user research, user experience analysis and tracking of the use cases tested, and plans to launch the service in 2015 to the user.

State Bancorp mobile banking and payment Niti Badarinath, senior vice president of the Ministry of Prospect bank when applying the wearable device is substantially expressed that its function is not limited to traditional payment methods, but also play the prevention of financial crime, with the wearable device timely delivery of a wide variety of notifications, including information about potential fraud alerts, payment due notice, status updates, and financial spending limit violations and the like.

I do not know will not bind smartwatch Alipay, Alipay through payments. Regardless of whether you are now ready to accept future wearable bank will gradually become a reality. You can complete the touch smart watch transfer or blink under the eyes to check your balance. With the opening of China's financial industry, the conditions established by private banks continue to be relaxed in the near future, based on Bank of wearable devices will be a user has a huge market.