Smartwatches are set to be more than health trackers with countries around the world exploring different potential.

According to a recent GfK survey, 54 percent of respondents are keen to use smartwatches for payment even though mobile payment using a smartphone to pay at the checkout with near field communication (NFC) technology hasn’t proved very popular so far.

Besides mobile payment, the survey covering China, Germany, South Korea, the UK, and the US, revealed taht people in these countries see potential in using smartwatches to “carry” tickets for passenger transport or as security keys to their computers and online accounts.