Company develops digital wallet chip implant

A tech company has developed an alternative payment method in the form of a microchip that gets implanted, and it has done so to nearly 200 people already, according to the business.

Walletmor, a British-Polish company, is calling its grain of rice-sized chip the wallet of the future. It costs $300, not including the surgical procedure necessary to insert, but the company has a list of recommended surgeons.

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Should the chip heal properly underneath the skin, the company claims it will work at most businesses that have a card reader. The chip expires anywhere between three and eight years, depending on the account that it’s linked to, and must be replaced. Once the chip is inserted, there are no refunds.


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While the implant has been available since January of last year, it is only available for purchase in the United Kingdom, Switzerland, and countries in the European Union.

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