CONSUMER

Tech company selling microchip implants that let you pay with your hand

Apr 13, 2022, 10:27 AM | Updated: Jun 11, 2022, 10:44 pm
(Walletmor)...
(Walletmor)
(Walletmor)

A British-Polish tech company called Walletmor is selling microchips that are embedded under your skin as an alternative form of payment to your wallet.

The chip, which costs about $300, is about the size of a grain of rice. It is implanted into your body, preferably in your hand.

Walletmor says once you activate the chip using a digital wallet app, you will be able to make purchases at most businesses around the world just by swiping your hand over a card reader.

Right now, the chips are only being sold to citizens of the U.K., Switzerland and countries in the European Union.

According to Walletmor, almost 200 people already have the implants.

Walletmor suggests using a surgeon or one of its trusted specialists for the minor operation. But just so you know, once the implant goes in, there are no refunds.

While the idea of having such a chip implanted might be an appalling one, the BBC said a 2021 survey of more than 4,000 people across the UK and the European Union found that 51% would consider it.

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Tech company selling microchip implants that let you pay with your hand