Westpac launches new line of wearable payment accessories

Alison Banney 10 October 2018 NEWS

The designer range "Centsitive Objects" includes five pieces that each hold a PayWear Card linked to a customer's transaction account.

Just as you were getting used to the idea of making payments with your smartphone, smartwatch or even a wristband, Westpac has now made it possible to make payments with your accessories. Westpac has today launched Centsitive Objects, a new designer range of wearable payment accessories that hold a Westpac PayWear Card linked to a customer's transaction account.

The five-piece collection was designed exclusively for Westpac by award-winning Australian designer Hayden Cox, ensuring each piece is fashionable, minimal and easily adaptable to your everyday outfit whether you're going to work or going for a run. But above all else, the new accessories offer Westpac customers a convenient way to make contactless payments without the need for their wallet, debit card or even their phone.

“We know personal style and choice matters to our customers; in fact we’ve found 38% of Australians find style important when it comes to wearable devices, and 71% would use a wearable if it fits their personal style and lifestyle," said Westpac spokesperson Jenny Melhuish.

“Our customers are increasingly on-the-go with more than 56,000 now using PayWear to support their everyday transactions. So we’ve evolved our existing range of accessories to create something special that offers a sleek, subtle and convenient way to tap-and-pay."

Choice of five wearable payment accessories

The new designer range includes the following accessories, each with a secure pouch to hold a PayWear Card linked to the customer's Westpac bank account:

  • Band and chain: A keychain made from recyclable materials that you can use on its own or as a waterproof wristband.
  • Slimline Keeper: A silicone tag you can add to your watch or fitness band.
  • Centsitive Patch: A patch that you can iron or sew onto your clothing, such as the inside of your jacket.
  • Nostalgia Pin: A safety pin with a twist! You can attach this pin to clothing or accessories such as a handbag.
  • Incognito Pin: The most minimalist option in the range, this is a small pin with a choice of designs, such as a lightning bolt, you can add to the top.

These new pieces are a unique form of wearable payments for the Australian market, but they're certainly not the first. Sydney startup INAMO was among the first to launch this kind of payment technology in Australia with its INAMO Curl in early 2017. The new range also adds to Westpac's existing PayWear Essentials wearable payment tech which launched late last year and includes a waterproof wristband and a keeper. In January, Bankwest launched its own version of fashionable wearable payment technology in the form of a ring. Customers can wear the Bankwest Halo Ring and simply fist bump the EFTPOS terminal to make contactless payments when they're on the go without their debit card.

The Westpac Centsitive Objects accessories cost between $20 and $30 each, and customers only need the one PayWear Card that can be taken out and used in each.

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Images: Supplied

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