Contactless payments with an implant in your hand? Accepted anywhere in the world? Now it is possible!

Contactless payments with an implant in your hand? Accepted anywhere in the world? Now it is possible!

The future becomes a reality. The first globally accepted and completely biologically safe payment implant has become a fact. The device, which installed just under the skin, allows you to replace your bulky wallet with a convenient alternative to a credit card. From now on, every resident of the European Economic Area can and enjoy ultimate convenience for only 199 Euro.

This is a revolution for the cashless and contactless payments market. Until now, the race for cardless payments has been theoretical. Attempts with facial and eye scan payments have fizzled. The first commercially viable solution turned out to be an implant placed under the skin. The Walletmor payment implant has the advantage over the other forms, because it cannot be tracked, hacked, or copied, and one can pay with it wherever contactless payments with cards such as VISA or Mastercard are supported.

- Until now, no one has produced a payment implant that is safe and accepted all over the world - says Wojciech Paprota, creator of Walletmor, British-Polish start-up company. In order to use the implant, you only need to set up an account on the European iCard platform and transfer some money into your account.

The new EU directive PSD2 improves security related to payment transactions, but also extends the possibilities of making easy and quick payments for ordinary consumers. The popularity of contactless payments is growing in all European Union countries. Currently, new solutions are being introduced such as systemic open-banking systems (e.g. the Polish BLIK application, which currently has over 7 million active users and up to 2.5 million transactions per day) and technological innovations like implants.

The Walletmor payment implant is a small device, the size of a small safety pin and about half a millimeter thick, consisting of an integrated circuit and a metal sheath acting as an antenna, enclosed in a hermetic bio-housing. The biopolymer was created by scientists from laboratories of VivoKey Technologies Inc. from Seattle, the largest producer of its kind in the world implementing the entire digital identity ecosystem. The biopolymer - technically speaking - is the so-called medical plastic for the production of medical devices, which has current biocompatibility certificates confirming compliance with the ISO 10993 standard.

The financial operation of the Walletmor payment implant is based on the world-wide contactless and wireless Near Field Communication (NFC) technology, used, among others, when paying with VISA or Mastercard cards. Importantly, the implant is a passive device and does not have its own power source (battery). It does not generate any radio waves on its own and is only activated with a contactless payment terminal, and only at a very short distance. There is no way to be able to track someone with a Walletmor implant.

Almost 200 people across Great Britain, Germany, Poland and Scandinavian countries are already making payments using our implant every day. Implantation is painless and takes only 15 minutes. Currently, there are over 50 recommended Walletmor professional implant installers in the European Union; they also include traditional hospitals, clinics and aesthetic medicine laboratories.