October 28, 2016
The abolition of cash due to new electronic payment options is on everyone's radar. More and more banks are issuing contactless cards and the number of merchants accepting Near Field Communication (NFC) cards is growing steadily.
So, as part of the next step, why not shrink your credit or debit card and simply have it implanted as a chip in your hand or upper arm? It may sound like science fiction, but this idea has already been adopted by many ‘cyborgs’ worldwide.
Sascha Breite, Head of Future Payments at payment specialists, SIX Payment Services