Huawei and Yowpay Launch World’s First Open Banking Smartwatch POS Application
BARCELONA, MARCH 2026 – Huawei, a global leader in smart devices, and Yowpay, a premier Luxembourgish fintech specializing in SEPA-based instant payments, today announced a groundbreaking partnership to launch the world’s first Open Banking / SEPA Smartwatch Point of Sale (POS) application.
This innovation transforms a Huawei smartwatch into a fully functional payment terminal. Utilizing Yowpay’s advanced A2A (Account-to-Account) orchestration, merchants can now accept instant SEPA payments directly on their wrist. Customers simply scan a dynamic QR code generated on the watch face using the camera of their Smartphone bypassing traditional card schemes and reducing transaction fees.
“Our goal has always been to make payments as seamless as a heartbeat,” says Christian Caumont, CEO of Yowpay. “By integrating our Open Banking and generally SEPA payments tech into Huawei’s industry-leading wearables, we are giving merchants total mobility and financial sovereignty.”
The application is now available on the Huawei AppGallery for the Huawei Watch GT and Watch Ultimate series.