Wearable stamp that allows contactless payments is on the way

Get ready to just scan and go
A wearable stamp for payments is on the way
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Wearable technology is getting even closer to your body. There have been ingestibles and implantables, and now you can add a wearable, disposable stamp to the mix.

PCH has already made waves earlier this year with its L'Oreal partnership in creating the wearable UV patch. Now PCH is teaming up with MC10, a healthcare technology company that specialises in stretchable body-worn computing systems like the BioStamp, to commercialise MC10's Wearable Interactive Stamp Platform, or WiSP for short.

Essential reading: The near future of payments

Hotel room access, cashless payments, interactive experiences at amusement parks and more could be used with the platform through NFC or pairing with smartphone. Hospitals can even use the WiSP platform to transmit important patient information.

But to make sure the information remains secure, the breathable, waterproof stamp is designed to tear and become unreadable upon removal.

So if you've felt the need for even quicker contactless payments or accessibility without worrying about another piece of obtrusive hardware, maybe this wearable stamp is your perfect solution.

It's unclear when the tech will roll out or what specific brands will be part of the package but Scott Pomerantz, president and CEO of MC10 said in a press release to expect an assortment:

"We are excited to partner with PCH to expand the reach of MC10's body-worn electronics globally, within and beyond our core healthcare market. PCH's experience working with leading consumer brands, and their ability to commercialise the technology, will accelerate development of new applications within a variety of industries for skin-worn wearables."

According to data from Juniper Research, mobile and wearable payments will hit $100 billion by 2018 and will no doubt be helped by yet another reason to leave the wallet behind.

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