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In The News
   
 
 

 

In The News

 

May 26 - Implants to aid payment with a wave of the hand

Article: Technology For A Global Monetary System

Is it retail therapy gone mad? The dawn of a new cyborg age? Or a new meaning to going down under?            
Whatever the case, a fair proportion of Australians are receptive to technology mixing with their precious human organic flesh, if it means making payments at retail stores is easier.
 
A survey, commissioned by global payments firm Visa, found 25 per cent of Australians were “slightly interested” in having a commerce-oriented chip implanted in their skin. Research firm UMR conducted the survey for Visa, interviewing 1000 local consumers.
 
A subcutaneous chip would let consumers pay at a retail terminal without a wallet, credit card, smartphone or smartwatch. They would simply wave their bare hand over a terminal.

Read Full Article ....  

 

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