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Russia will have a new payment system

Last year in our country have earned the payment system, Samsung Pay, Apple Pay and Android Pay, and soon they will be even more. The company Garmin, known for its navigators and appropriate software, also decided to enter this market with their Garmin Pay.

The exact timing of the launch system Garmin Pay on the territory of Russia no reports, however, of the savings Bank has received informal information about the conduct of a number of successful transactions. From this we can draw two conclusions: first, Garmin is ready to launch its own payment system in our country, and secondly, she already has at least one partner – in fact, Sberbank. First Garmin Pay was announced just at the beginning of this fall – it was presented at the IFA in Berlin 2017.

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Of course, to use it can not all but only those who owns the latest wearable gadgets from Garmin, in particular, the Vivoactive model 3, which is shown simultaneously with the presentation of a Garmin Pay. The core of the development is the technology FitPay who is friends with Visa and MasterCard. To work Garmin Pay need a device with NFC module inside is the same principle operate and other popular in Russia payment system. In General, we expect the launch of Garmin Pay in our country before the end of this year.

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