One of the hottest things right now is contactless payments. Wherever you look there are new variations of the technology popping up. One of these variations is wearables.
Last year in June Barclaycard released their bPay contactless band which allows the user to make contactless payments up to £20. They have now teamed up with Lyle & Scott, a Scottish knitwear brand, to launch a jacket fully equipped with the technology in the right-hand sleeve. A chip has been inserted and will let the wearer make payments up to £30.
Jonathan Briggs, innovation project manager at Lyle & Scott, says “We are proud to partner with bPay to launch the world’s first contactless payment jacket.”
Mike Saunders, managing director of digital consumer payments at Barclaycard adds “This collaboration with Lyle & Scott shows the potential of wearable payments and how they can be customised to fit more conveniently and easily into consumers’ everyday lives.”
The jacket is available both online and in their Carnaby Street store in London at £150.
What do you think? Would you like the option to make contactless payments using nothing but your jacket?