Swatch’s new watches can be linked with credit cards issued by 11 partner banks – including Bank of China, Industrial and Commercial Bank of China, the country’s largest commercial lender, China CITIC Bank and Minsheng Bank – in addition to debit cards. Photo: Reuters

Swatch updates mobile-payment watches for China, linking with UnionPay to keep sales ticking

Company partners with 11 Chinese banks through UnionPay for second-generation payments watch

TOP PICKS

Swatch’s new watches can be linked with credit cards issued by 11 partner banks – including Bank of China, Industrial and Commercial Bank of China, the country’s largest commercial lender, China CITIC Bank and Minsheng Bank – in addition to debit cards. Photo: Reuters
READ FULL ARTICLE