According to CNBC reported, famous brand of wearable Fitbit announced today that the company has acquired financial technology company in silicon valley “of wearable payment technology platform, based on wearable fitness equipment for its development of mobile payment technology.

Fitbit, says they’re not going to this year will be “mobile payment technology is applied to their products, but the deal will help the Fitbit faster product development for the future of the near field communication ability.

The deal has been completed on May 12th, but Fitbit never publicly specific content. Fitbit spokesman said the deal would not pose a substantial impact to the company’s performance.