the new contactless payment solution

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Garmin launches a new contactless payment solution called Garmin Pay, in partnership with the Caisse d'Epargne Ile-com-France, in preview, during the second edition of the Digital Day show organized at the bank's headquarters in Paris.

Today, the world leader in satellite navigation announces a partnership with the Caisse d'Epargne Ile-com-France in association with Natixis Payment solutions for the launch of its new solution Garmin Pay contactless payment. Starting in the first quarter of 2018, this service will be available to customers of the bank holding a VISA card and may subsequently be rolled out to other Groupe BPCE banks.

Garmin and Caisse d'Epargne share a common innovation

With Garmin Pay, this partnership between Garmin and the Caisse d'Epargne Ile-com-France feeds a common approach to innovation, concretizes the will of the two actors to bring users ever more possibilities, simplicity and comfort everyday as in their sporting passions. So by offering this service, Garmin becomes the leading manufacturer of sports smart health connected watches to propose this solution of contactless payment. In addition, the two brands respond to an evolution of sport-related uses and offer everyone freedom to pay for purchases easily and securely, directly with compatible Garmin products, without the need to carry phone and wallet.

Note that the Savings Bank of Île-com-France is the first bank to have proposed the mobile payment on all smartphonesas a result, this agreement is fully in line with the innovation dynamic historically rooted in Groupe BPCE's DNA. In order to better anticipate the new challenges of trade, the bank has found a offer that responds to an agile strategy based on better understanding of the needs of individual customers and personalized support for business customers with Garmin Pay.

Garmin Pay integrated with the sports smart health connected watch

Available, from the first quarter of 2018, the first product Garmin who will integrate this Garmin Pay solution will be there smart health connected sport watch vívoactive 3. To configure this solution, the users of the brand Garmin enter their payment information in the application Garmin Connect Mobileavailable on iOS and Android, in scanning their credit card with the phone's camera or manually. After this validated and synchronized manipulation, the credit card is ready to use. By accessing the menu from the screen of the watch, the virtual wallet containing the saved card allows to pay in approaching just the watch of the terminal of payment. In order to be vigilant about security, access to Garmin Connect Mobile to the virtual wallet is done by a password. Thus, the user can configure and manage all parameters (details of added cards, temporary deactivation or deletion of the wallet).

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