Fitbit Launches Fitbit Pay in Thailand

Stocks and Financial Services Press Releases Wednesday October 10, 2018 11:18
Bangkok--10 Oct--ABM
Kasikorn Bank, Krungthai Card and Siam Commercial Bank customers with a Fitbit Ionic and Fitbit Versa can now make secure contactless payments on the go

Fitbit (NYSE: FIT), the leading global wearables brand, announced that starting today, Fitbit Pay(TM) will be available to its customers in Thailand with a Fitbit Ionic or Fitbit Versa and starting November 2018, on its newest tracker, Fitbit Charge 3. Fitbit Pay launches in Thailand with leading financial partners, including Kasikorn Bank, Krungthai Card and Siam Commercial Bank, bringing convenience and freedom to users so they can leave their smartphone and wallet at home, and make secure purchases at stores where contactless payments are accepted.

Mr. Louis Lye, Regional Director, SEA, HK & TW said, "We are excited to launch Fitbit Pay with leading financial partners in Thailand. Fitbit Pay will provide consumers with the option of hassle-free contactless payments, which will be a step in line with the Thai government's efforts to establish a digital economy in the country. It also offers banks an exciting opportunity to engage with their customers in unique ways while supporting them on their health and fitness journeys."

Customers of Kasikorn Bank, Krungthai Card and Siam Commercial Bank can add a Visa or Mastercard credit or debit card to their Fitbit(TM) app, and use their device to make payments on the go directly from their wrist. Fitbit Pay can be easily set-up by following simple steps in the Fitbit mobile app on Android or iOS devices to add a credit or debit card to the Fitbit Wallet within the app. Making payments in stores that accept contactless payments is also very easy. Simply press and hold the left side button until the debit or credit card is seen on the smartwatch screen, and hold the watch near the payment terminal until a confirmation of payment appears on the device screen.

Fitbit Pay transactions use an industry standard tokenization platform for all transactions. User's card information is never revealed or shared with merchants or Fitbit. Plus, a PIN is chosen by the user during device set-up for an added layer of protection.

Fitbit Pay(TM) is supported by more than 100 banks and card issuers in 20 countries through American Express, Mastercard and Visa networks. Fitbit Pay will also become available on Fitbit Charge 3(TM) starting November 2018.

Fitbit Ionic and Fitbit Versa are available across major retail partners like Copperwired, Powerbuy, KingPower, and B2S in Thailand at MRP 10,690 baht for Fitbit Ionic, 8,490 baht for Fitbit Versa in black with a black aluminum case, gray with a silver aluminum case, or peach with a rose gold aluminum case and 9,490 baht for Fitbit Versa Special Edition in a lavender woven band with rose gold aluminum case or charcoal woven band with graphite aluminum case, both with an extra black classic band. Charge 3 will be available starting November 2018, for THB 6,490 in black with a graphite aluminum case or blue gray with rose gold aluminum case; accessories range THB 1,190-1890. Fitbit Charge 3 Special Edition will be available for THB 6,990.

For more information on Fitbit Pay, visit https://www.fitbit.com/fitbit-pay
About Fitbit

Fitbit helps people lead healthier, more active lives by empowering them with data, inspiration and guidance to reach their goals. As the leading global wearables brand, Fitbit designs products and experiences that track and provide motivation for everyday health and fitness. Fitbit's diverse line of innovative and popular products include Fitbit Charge 3, Fitbit Alta HR, Fitbit Alta, Fitbit Ace, Fitbit Flex 2, and Fitbit Zip activity trackers, as well as the Fitbit Ionic and Fitbit Versa smartwatches, Fitbit Flyer wireless headphones and Fitbit Aria 2 Wi-Fi Smart Scale. Fitbit products are carried in over 39,000 retail stores and in 86 countries around the globe. Powered by one of the world's largest social fitness networks and databases of health and fitness data, the Fitbit platform delivers personalized experiences, insights and guidance through leading software and interactive tools, including the Fitbit and Fitbit Coach apps, and the Fitbit OS for smartwatches. Fitbit Health Solutions develops health and wellness solutions designed to help increase engagement, improve health outcomes, and drive a positive return for employers, health plans and health systems.

Fitbit and the Fitbit logo are trademarks or registered trademarks of Fitbit, Inc. in the U.S. and other countries.
Additional Fitbit trademarks can be found at www.fitbit.com/legal/trademark-list. Third-party trademarks are the property of their respective owners.
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