Cheapest Smartwatch for Contactless Payments: Mi Band with NFC Review

Smartwatches with NFC capability can be used for contactless payments.

Mi Band and other similar smartwatches do not support NFC payments in Brazil due to lack of authorization and agreements with local banks.

Garmin smartwatches only support payments through BTG Pactual in Brazil.

💡 Mi Band with NFC cannot be used with credit cards from non-Chinese banks.

💳 Garmin Pay only works with BTG bank in Brazil.

🗺️ In Portugal and other European countries, Curva Card can be used as a workaround for unsupported cards.

📱💵 Any Android smartwatch with NFC can be used for contactless payments in Brazil.

🌍 The partnership between Google and Brazilian banks allows for NFC payments on Android devices.

💰 There are several smartwatches available for contactless payments, but the Mi Band with NFC is the most affordable option.

📱 Smartwatches running on Android are capable of making contactless payments through NFC technology.

⌚ The Ticwatch Pro 3 is a cheap smartwatch option, but it has issues with system updates and product support.

💡 Imported smartwatches may be subject to import taxes.

💰 There is a well-known brand that sells smartwatches with Google Play support, but they are not available in Brazil.

⌚ Older Fossil smartwatches and the Moto 360 3rd generation support Google Play and are options for importing.

💰 There are several affordable smartwatches available for contactless payments.

🌍 Smartwatches from outside Brazil can be imported for contactless payments.

⌚ Smartbands in Brazil do not support contactless payments.

📱 Galaxy watches and Apple watches support contactless payments in Brazil.

💡 When looking for a smartwatch with contactless payment capabilities, it's important to check if it is supported by Apple Pay or Samsung Pay.

📵 Beware of random banks that may not be supported for contactless payments.

🤔 Some people may claim to make contactless payments with a certain smartwatch in Brazil, but it is not possible.

💡 Google is removing features from older Android smartwatches, so it's recommended to choose a Samsung watch for better support.

The video discusses the limitations of using smartwatches for contactless payments.

It highlights the unpredictability of Google's support for Google Assistant and its impact on smartwatches.

The video advises against purchasing cheap smartwatches and encourages viewers to value their money.