Coin Teams With MasterCard In Wearable Payments Push (thestack.com)

An anonymous reader writes: Smart payments startup Coin has announced it will team up with MasterCard to use its electronic card technology to help companies integrate payment services into their wearable devices. Under the new MasterCard partnership, owners of wearables with integrated Coin technology will be able to pay at retail outlets without the need to take out any cash or card . The deal is not exclusive, which means that there is still potential for Visa and American Express customers to benefit when the Coin-embedded tech begins to ship later this year.