Imagine walking to the checkout and realizing you left your wallet at home.
Would you implant a debit card chip in your hand? | Banfield
British-Polish startup Walletmor hopes to make this frustrating experience a thing of the past. The solution is a payment device they want to implant in your arm, which promises to solve common security issues that plague traditional card payment mechanisms.
“I think Walletmor is at the forefront of this emerging field,” Alex Lennon, founder of Dynamic Devices and an early adopter of Walletmor, told Lifewire via email.
Walletmor uses the universally accepted Near Field Communication (NFC) standard for making transactions, allowing users to use their implants to make payments on any payment terminal that can process contactless payments. “Until now, no one has produced a payment implant that is secure and accepted everywhere in the world,” Wojciech Paprota, founder and CEO of Walletmor, said in a news release.
