Feb. 8, 2018 Wells Fargo announced that its customers are now able to use Garmin's vívoactive 3 smartwatch to conveniently and securely make purchases at stores with payment terminals set up to accept NFC payments, according to a press release. The smartwatch launched in stores fall of 2017. "Wells Fargo's more than 21 million mobile banking customers expect to make payments when and where they want, and wearables like vívoactive 3 with Garmin Pay technology help enable their active lifestyles," Jim Smith, head of virtual channels at Wells Fargo, said in a press release. "We have been a leader in enabling seamless payment and wearable mobile banking experiences, and we're thrilled to add Garmin Pay to our growing list of innovative payment solutions." When a customer makes a payment with Garmin Pay using their Wells Fargo cards, all transactions are monitored with Wells Fargo risk and fraud detection systems. Wells Fargo card purchases also are protected by Zero Liability, which means customers will be reimbursed for any unauthorized card transactions when reported promptly, according to the press release. Topics: Contactless / NFC, Handsets / Devices, Mobile/Digital Wallet, POS, Retail, Restaurants Companies: Wells Fargo & Co, Garmin
Customers of Wells Fargo can now use Garmin Pay devices to make everyday payments. Jim Smith, head of virtual channels at the bank said that the adoption of Garmin Pay would enable customers to use the company's devices in stores with NFC payment terminals.