It's called NFC (near field communication).  

Totally different from either below.  You have to hold the watch or phone close 
to the device 

John

Sent from my iPhone

> On Sep 19, 2017, at 10:09 AM, Harry Jacobson-Beyer <[email protected]> wrote:
> 
> What technology transfer data from your phone to the credit card reader in 
> the store, Bluetooth? Wifi? 
> 
> Sent from my iPhone
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