Technologies are rushing forward by preparing all the necessary conditions to save our valuable time.
The latest innovation is the special wearable device which can serve as a quite payment system for banks. The Royal Bank of Canada is on the way to provide their clients with the smart option of making payments much easier, that is to say by using the smart wristband. The bankers are more than sure that the clients will use this new tech for their payments.
The device is very similar to watches however it performs quite different functions. Nymi is able to recognize the unique heartbeat of the wearers and will allow them to make purchases by charging their credit cards.
By the way the system works in so unique way. The sensors existing in wristband are meant to identify the unique electrical signals that are discharged by the wearer’s heart. If the heartbeat identifier is not there, the Nymi band will stop working. This will render it useless to anybody who steals the band and tries to access your credit card details.
The Banks of Canada intend to add more options in the wearable device so as the customers could choose what they are paying with and also how they are making the payments.
Banks expect that the payment options will increase as much as customers will replace the physical wallets with digital ones.
So what do you think?
Does this new wearable helpful and would you like to pay this way?
Share your ideas with us in the comments below.