Nautilus To Test Market ‘Walletmor’ The World’s First Payment Chip Implant in the United States
A woman paying for her meal in a café using a contactless payment chip implanted in her hand.
An x-ray showing a Walletmor implant, which is injected into a person's hand after a local anesthetic.
Wojciech Paprota, CEO of Walletmor, making a contactless payment with his palm Photo: Radio Poland
NEW YORK CITY, NEW YORK, UNITED STATES, March 16, 2023/EINPresswire.com/ -- Nautilus International, Inc. has recently announced its plan to test market the Walletmor payment implant, which is being touted as the "Wallet of Tomorrow." The implant is a contactless payment chip that is implanted in a person's hand and can be used to make purchases. The implant comes at a cost of $200 and is sewn into the body, usually the hand, by specialists at medical aesthetics clinics.
Although the idea of having a chip implanted in one's body may seem appalling to some, a survey conducted in 2021 found that 51% of people across the UK and the European Union would consider it. Walletmor's research shows that in countries where people are more "conscious" about wearable technology, such as in Scandinavia, the UK, and Switzerland, up to 15% of adults are willing to use implants.
The implant is passive, meaning that it does not require a power source. It is half a millimeter long and weighs less than one gram. Walletmor's implant is for general use, unlike other chips that have so far operated in specific, closed environments such as individual workplaces.
Richard H. Davis, President and CEO of Nautilus International, Inc., said, "This sounds like George Orwell 1984 or the mark of the beast 666 in the Biblical times but it's a probable futuristic way of paying." Davis believes that one day, implants will be as popular as payment cards.
Wojciech Paprota, the founder of London-based Walletmor, argues that the speed of global take-up of other technologies that are "safe, convenient and aggregate more data" is encouraging. Walletmor's implant is already being used by people in Sweden to make payments, as keycards, and to monitor health.
Nautilus International, Inc. is a financial technology company that aims to provide innovative solutions to customers. The company plans to test market the Walletmor payment implant, which is being touted as the "Wallet of Tomorrow." For more information, visit https://us.walletmor.com.
Nadzieja Kowalczyk
Walletmor
+1 212-518-7402
NadziejaKowalczyk@dayrep.com
Visit us on social media:
Facebook
Twitter
LinkedIn
Instagram
YouTube
TikTok
Other
Would you implant a debit card chip in your hand? | Banfield
