Tuesday, February 06, 2018

Investorideas.com - #Tech News: NXP ($NXPI) and Garmin ($GRMN) Team-up to Bring Secure and Convenient NFC Mobile Payments to New Fitness Wearables

Investorideas.com - #Tech News: NXP ($NXPI) and Garmin ($GRMN) Team-up to Bring Secure and Convenient NFC Mobile Payments to New Fitness Wearables





Garmin Pay wallet, powered by Fit Pay, Inc.
(NASDAQ: $NXTD)

SAN
JOSE, Calif. - February 6, 2018 (Investorideas.com Newswire) NXP Semiconductors
N.V. (
NXPI),
today announced that Garmin International, Inc., a unit of Garmin Ltd. (
GRMN),
has chosen NXP's 
PN80T embedded
Secure Element (SE) and Near Field Communications (NFC) solution for the
recently launched vĂ­voactive 3 and Forerunner 645 Music featuring contactless
payment capabilities. With NXP's embedded Secure Element technology and
innovative Loader Service provisioning solution, Garmin is able to easily and
quickly deploy Garmin PayTM in their products without compromising security.

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