Convergence in Motion

With the development of information technology, e-payments are widely used in the global transportation, and these payment means are gradually applied in finance and telecom. In cross-industry converged applications, Watchdata is one of the frontrunners by virtue of its experience and strengths in technology and innovation.

Imagine a smart card, with which you could take mass transit, store your social security information, use it as bankcard on ATM and pay in shopping malls, car parks, etc. Can you even imagine what will happen if this card can be connected to the internet and help you to do online shopping and payment? Imagine the possibilities of all these functions available one day in a single mobile device.

This is not magic. Watchdata is always dedicated to the forthcoming cashless society. Based on its years of expertise in smart card technology in various industries, Watchdata is trying to launch a “convergence in motion”.

In August 2009, DBS Bank of Singapore, Visa, and local transportation operator EZ-link co-issued a 3-in-1 credit card, using Watchdata’s TimeCOS® CeWave. It combines Visa payment, Visa payWave and ez-link transport services.

In China on November 2009, Watchdata’s SIMpass™ helped China UnionPay achieve the mobile payment service in Ningbo, integrating SIM card and bankcard to enable mobile phones for contactless payment. It will then be extended to buses, taxis, highways and other areas of fast micropayment. This is the first time that IC bankcard has been combined with SIMpass™ and it is also a typical domestic case of convergence between finance, transportation and telecom applications.

Watchdata now offers a broad spectrum of convergence solutions including SIMpass™, URpass™, SIMpartner, 3-in-1 cards, etc. Watchdata continues to bridge the gap between different industries and initiate multi-industry applications that could bring as much convenience as possible for people’s daily lives