Swatch Group AG is planing release a smartwatch within the next three months, according to its CEO Nick Hayek. The device will communicate via the Internet “without having to be charged,” said Nick in an interview. The good news is that this smartwatch will allow consumers make mobile payments and it will work with Windows Phone devices. Swatch is currently in talks with more retailers to support its payments system and Switzerland’s two largest retailers, Migros and Coop, Hayek is already on board.

A smartwatch from a traditional watch company is an interesting thing to watch. Because they have decades of experience developing technology such as long-lasting batteries, thin yet strong body, and more.

Source: Bloomberg