Wells Fargo customers are now able to use Garmin’s new vívoactive® 3 smartwatch to make contactless payments
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE:WFC) announced today that Wells Fargo
customers are now able to use Garmin’s new vívoactive 3 to conveniently
and securely make purchases at merchants whose payment terminals are set
up to accept near-field
communication (NFC) payments. 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,” said
Jim Smith, head of Virtual Channels at Wells Fargo. “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.”
The vívoactive 3 is designed with an on-the-go lifestyle in mind. With
more than 15 builtin sports apps including new profiles for cardio,
yoga, elliptical and stair stepper, the vívoactive 3 takes customers
from the gym to the slopes and everywhere in between. With thousands of
apps available to download for free from Connect IQ, users can customize
the vívoactive 3 with watch faces, data fields, widgets and more.
“We are thrilled to offer Garmin Pay to Wells Fargo cardholders,” said
Dan Bartel, Garmin vice president of worldwide sales. “Being able to
leave their phones and wallets at home and still make purchases is
incredibly appealing to our active customers.”
Danny Peltz , head of Treasury, Merchant and Payment Solutions at Wells
Fargo, said, “Wearable technology has become the latest wave of the
internet of things and it will continue to impact the way consumers
manage their daily lives — including finances. We want our customers to
always have the option of paying securely with Wells Fargo. We are
excited to collaborate with other industry leaders like Garmin to build
new, seamless customer experiences.”
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
Liability1, which means customers will be reimbursed for any
unauthorized card transactions when reported promptly.
For more information, visit garmin.com/vivo.
1 Cardholders should refer to their applicable Wells Fargo
account agreement and card terms and conditions for information on
liability for unauthorized transactions.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based
financial services company with $1.9 trillion in assets. Wells Fargo’s
vision is to satisfy our customers’ financial needs and help them
succeed financially. Founded in 1852 and headquartered in San Francisco,
Wells Fargo provides banking, investments, mortgage, and consumer and
commercial finance through more than 8,300 locations, 13,000 ATMs, the
internet (wellsfargo.com)
and mobile banking, and has offices in 42 countries and territories to
support customers who conduct business in the global economy. With
approximately 263,000 team members, Wells Fargo serves one in three
households in the United States. Wells Fargo & Company was ranked No. 25
on Fortune’s 2017 rankings of America’s largest corporations. News,
insights and perspectives from Wells Fargo are also available at Wells
Fargo Stories.
About Garmin
Garmin International Inc. is a subsidiary of Garmin Ltd. (Nasdaq: GRMN).
Garmin Ltd. is incorporated in Switzerland, and its principal
subsidiaries are located in the United States, Taiwan and the United
Kingdom. Garmin and GNS are registered trademarks and GTN and G3X are
trademarks of Garmin Ltd. or its subsidiaries. All other brands, product
names, company names, trademarks and service marks are the properties of
their respective owners. All rights reserved.