British-Polish entrepreneur Wojtek Paprota announced that Walletmor is the first ever business to sell bank card chips that can be implanted into humans.
The company’s mission is to remove ‘bulky wallets’ and allow people to pay for things with a wave of their hand.
Walletmor’s website states that implants cost €199 (AED737) and entail a three-step process.
Firstly, customers must download an app called iCard – which is a digital wallet that can be linked to the Walletmor implant – and set up an account.
Next, customers must activate their implant via the iCard app and add money to their accounts.
The final step is booking an appointment to have the implant installed at a medical aesthetics clinic.
The implant is injected on the outside of the hand or in the forearm, just above the wrist. It’s recommended not to have the implant injected in a location where you’d normally wear jewellery or a watch.
A warning on Walletmor’s site reads: “Injecting the Walletmor implant is relatively easy, however, we do not recommend performing the injection process on your own.
“Not only every surgeon but also every piercer from your hometown is able to perform the installation process with the attached instruction.”
About Walletmor
Walletmor saw that in order to move forward and continue to develop, they need to live in symbiosis with technology.
For this reason, the future idea of a complete solution has appeared in our heads— to replace the bulky wallet with one small, fully secure implant, with a proximity payment function, combined with a full-fledged individual account, allowing the storage of money in different currencies and pay with a wave of the hand.
Contactless bank chip human Contactless bank chip human
Source: Agencies