About LAKS

LAKS was founded in 1986 by Lucas Alexander Karl Scheybal in Vienna and is a family-run Austrian company.

Our story

LAKS was founded in 1986 by Lucas Alexander Karl Scheybal in Vienna and is a family-run Austrian company. Lucas started painting and composing music at a very early age. Later he became interested in new technologies and industrial design. He studied economics and invented Watch2Pay, the world’s first NFC (Near Field Communication) watch, certified for contactless payments with Mastercard® in 2006. It is exhibited in the British Museum titled as “The Museum’s Payment Watch”. link

To this day, Lucas is the designer and innovator of the LAKS brand. He ensures that each LAKS Wearable is developed and designed with passion and perfection.

LAKS combines creativity with cuttingedge technology and outstanding quality. The LAKS mission is to simplify the life of every customer with Style. Be hip and have fun with LAKS Pay.

The artist

The art of Lucas Scheybal was influenced by his stays in Paris and New York. His grandmother gave him a piano tuning key with which he tuned his first piano to play. This event set a cornerstone in his musical development. Video composing and real time performing complement the art unfolding in the chosen emotional worlds.

Each of the compositions were recorded and digitalised in hotels and studios between business meetings.

Here are some excerpts of his musical work: LAKS.com/video

Our new LAKS Collection 22/23 catalogue is online.

LAKS PAY and wearonize

On the 3th january 2023, LAKS PAY became a joint venture with wearonize. We are the only company in the passive wearable market that has full control over the entire user experience. Our joint venture controls an unmatched product, including an exhaustive service from hardware design and manufacturing, to software, tokenization processes, shipping, and support.

We have good news!

January 3, 2023:

A new joint venture between LAKS and wearonize was launched. The new LAKS PAY brand was born.

From now on, all new banks will be connected to our new token requester wearonize and can benefit from our brand new LAKS PAY app.

lakspay_logo_black
Wearonize-Logo-Black

The new LAKS PAY is the only company in the passive wearable market that has full control over the entire user experience. Our joint venture controls an unmatched product, including an exhaustive service from hardware design and manufacturing, to software, tokenization processes, shipping, and support.

Even more good news!

January 10, 2023:

Free Auto-Enablement for Mastercard issuers

Mastercard will auto-enable participating issuers and MDES-enabled account ranges currently enrolled for Secure Element- based digital wallets.

Consumers across the Europe region are increasingly using digital wallets for both in-store and online payments. Mastercard is launching the Wallet Express Issuer Enablement Program for all issuers in the Europe region. This program will aim to ease the issuers’ efforts in enabling and supporting multiple digital wallets. Mastercard will enable a participating issuer for eligible Mastercard Digital Enablement Service (MDES) wallets launched in the respective countries without the need to raise wallet onboarding projects for the target wallets.