Shopping Magazine

We Tried the Future of Payments and It Was Awesome!

Posted on the 15 April 2015 by Manofmany @manofmanytastes

We Tried the Future of Payments and it was Awesome!

Now before we even jump into this, I need to disclose this is only a "proof-of-concept" smartwatch. What does that all mean? Well, Optus is testing out its own technology and app on what is essentially a "dummy" smartwatch. Why do they bother doing this? So that when they place this technology on the big-wig Apple and Samsung smart-watches, things don't go wrong when they're dealing with people's money.

So back to the story.

We Tried the Future of Payments and it was Awesome!

Optus got in touch with us and asked us if we were keen to try out their Cash by Optus app. We were a bit sceptical at first but when they told us they'd also send through a smart-watch loaded with about $100 to spend as we please, we jumped at the bit. Who doesn't like freebies (although we had to give the watch back).

We Tried the Future of Payments and it was Awesome!

If you haven't heard, Cash by Optus is a contactless payment app, powered by Visa payWave, that enables you to finally make use of that NFC chip in your phone to pay for goods or services at a credit card terminal instead of using old, clunky cash, coins or credit card.

We Tried the Future of Payments and it was Awesome!

There's a tonne of companies, including the four major bank's here in Australia, trying to pull this off but no-one who has delivered on a service as fluent as Optus' in our opinion. There's a few benefits to paying with your phone instead of cash or a credit card: (i) it's more secure; (ii) it's faster to tap & go; (iii) you can more easily track your spending habits; and (iv) you only have to carry one device around with you (goodbye wallet!).

We Tried the Future of Payments and it was Awesome!

Cash by Optus works just like a Prepaid debit card. You can load up to $500 at any one time on the app and make contactless purchases under $100 at any terminal that accepts payWave.

We Tried the Future of Payments and it was Awesome!

The smartwatch supplied to us by Optus takes this one step further, allowing you to leave your phone in your pocket and pay simply with by tapping your watch against the terminal. When in close range, the connected watch and linked smartphone sync up via Bluetooth to update the account balance on the connected watch and transaction details on the linked phone.

We Tried the Future of Payments and it was Awesome!

The watch itself was nothing special, so don't worry if it looks a little derpy on our wrist. What's important to focus on is the ease of payment! Although you might look like a total jackass when you have to explain why you're paying with your watch, the whole process was actually surprisingly smooth.

We Tried the Future of Payments and it was Awesome!

Even if you're carrying a few things in your hands, the terminal was very quick to recognise the watch as a payments device. We got a coffee in the morning and few beers in the arvo and I have to tell you, after having it on my wrist for the day, it's something I wish I had access to all the time.

We Tried the Future of Payments and it was Awesome!

Welcome to the future.


You Might Also Like :

Back to Featured Articles on Logo Paperblog

These articles might interest you :

  • Inside New Opening Church on the Hill, Glasgow

    Doors Open at Church on the Hill Iconic Southside Glasgow bar, Church on the Hill, has opened its doors again, following a £650,000 refurbishment. Read more

    The 20 April 2018 by   Emma
    DESTINATIONS, DINING OUT, FOOD & DRINK
  • Summer Dresses Ideas

    Summer Dresses Ideas

    Coucou everyone,Summer is almost here, are you excited?Long days on the beach (in the park), light evenings with glass of rose on the terrace, delicious ice... Read more

    The 20 April 2018 by   Dusana Bozenkova
    LIFESTYLE
  • BNV007: Who Is Brand New Vegan?

    BNV007: Brand Vegan?

    In this episode of the Brand New Vegan Podcast, I’m going to pull a Stan Lee and give you my Origins Story.    Please tell me you know who Stan Lee is so I don’... Read more

    The 20 April 2018 by   Chuck Underwood
    FOOD & DRINK, HEALTH, HEALTHY LIVING, LIFESTYLE, VEGETARIAN & VEGAN
  • Donated Photos for the Diversity in Yoga (DIY) Photo Database!

    Donated Photos Diversity Yoga (DIY) Photo Database!

    by NinaLisa Leigh, Age 56I’m so excited about my new project, the Diversity in Yoga (DIY) Photo Database! Every time someone sends me a photo, I smile. Read more

    The 20 April 2018 by   Ninazolotow
    FITNESS, HEALTH, HEALTHY LIVING
  • Video: A Road Trip To All 59 National Parks

    Video: Road Trip National Parks

    Next week is National Parks Week here in the U.S., and to celebrate I thought this video was appropriate. It follows travelers Matthew and Renee Hahnel as they... Read more

    The 20 April 2018 by   Kungfujedi
    OUTDOORS
  • Bumpdate: 25 Weeks

    Bumpdate: Weeks

    Happy Friday babes! The sun is shining and there is NO snow in the forecast for the foreseeable future. HAPPINESS! We have a super fun and jam packed weekend... Read more

    The 20 April 2018 by   Thesamanthashow
    LIFESTYLE, SELF EXPRESSION
  • Starplex Renamed To Dos Equis Pavilion

    Starplex Renamed Equis Pavilion

    In a press release that just hit my in-box, HEINEKEN USA has announced the signing of a marketing alliance with Live Nation giving their key Mexican import Dos... Read more

    The 20 April 2018 by   Ohsocynthia
    DESTINATIONS, LIFESTYLE

Paperblog Hot Topics

Magazine