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Mobile payments shouldn't be confined to mobiles - or at least according to FitBit, who announced the acquisition of Coin earlier this week.
Coin is best known for its Coin 2.0 product, which enabled users to store several different credit cards in one digital card. Its latest version included NFC technology, leading one to expect that the product can simply be integrated into FitBit's line of activity trackers.
Perhaps one day. Fitbit announced today its acquisition of the wearable payments technology of Silicon Valley fintech startup Coin. Financial terms of the deal were not disclosed. The initial assumption is that Fitbit plans to endow its devices with mobile payment capabilities, though the company says it has no plans to do so immediately.
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