Try contactless payment sunglasses at Laneway Festival
You can now tap and go with your sunnies with Visa WaveShades.
Australian startup Inamo is behind the latest advancement in wearable contactless payment technology. While many of us are used to making contactless payments with our credit or debit cards, smartphones and wearable devices by now, Inamo’s Visa WaveShades let you tap and go at the checkout with your sunglasses.
Not available on the market yet, the company has been trialling a prototype pair at the St Jerome’s Laneway Festival, which is making its last stop Sydney this Saturday 5 February. Local Supply has produced around 150 pairs of WaveShades which have been fitted with a prepaid payment chip and can be used to make contactless payments with the swipe of your sunnies.
Punters can stop by the WaveShades station at Laneway to test and load up a prototype pair with a $50 credit to use at the festival. If the pilot is successful and the glasses are released to the public, you’ll be able to link them to your bank account and load them with any prepaid amount. So, while Visa Australasia’s head of product Rob Walls has confirmed that the sunglasses won’t be available for general use at this year’s festival, they have hopes that the pilot will lead to their general sale in the future.
Nearly eight in 10 face-to-face payments in Australia are made with contactless payments and their use increased by 60% between 2015 and 2016. Australia was also labelled the global leader in contactless card payments in August last year. So, it’s no secret that Aussies are fans of tap and go technology. However, whether or not Aussies will trust the fate of their cash in their sunglasses in another story. After losing my fair share of shades at festivals and outdoor concerts, I know I that would be wary to load too much money on a pair.
So there you have it, the latest fusion of fashion and contactless payment technology. What will be the next wearable way to pay? NFC-enabled nose rings? Contactless payment contact lenses? Regardless, the idea of a cashless society is becoming more and more likely as these technologies progress.