A fashion item that’s here to stay Launched by major Cypriot bank Hellenic Bank, the PayBand is a first for the Mediterranean island nation and the latest deployment of payment wristbands based on contactless technology from Gemalto. The system uses the Optelio Contactless MicroTag, which is easily inserted in the wristband’s slot by consumers, and is linked to the user’s existing payment card. The bank needed a solution that was reliable and could be introduced at an attractive price point, something that it achieved with an issuance fee of just 10 euros. Thumbs up for Hellenic Bank PayBand PayBand is a simple, fast and secure payment method that consumers wear on their wrist and which allows them to carry out everyday transactions on the go, without cash or cards. The contac

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