Finally, a wearable wallet! No need to keep your debit/credit card loose in your cycle jersey or behind your iPhone pouch when training.

Westpac have announced a new wearable payment option called ‘PayWear’. Looking a bit like a Fitbit band (or small device that attaches to an existing watch or fitness band), the device contains a microchip (PayWear Card) linked to the customer’s everyday transaction account.

Customers can tap and pay in the same way they regularly do with their debit card, without having to reach for their wallet or login into their smartphone, through the new range of waterproof and battery-free wearable accessories. Yep, your read right: battery free. Huzzah. The Paywear device will undoubtedly appeal to the fitness crowd, beachgoers and festival goers.

 

Hayden PayWear Designer

Hayden Cox of Haydenshapes, the first designer tasked with making a design for paywear.

Fittingly, Westpac are getting uber-cool designers to appeal to the youth market, starting with award-winning surfboard shaper and entrepreneur, Hayden Cox of Haydenshapes. A range of leading Australian designers will be hand-picked to speak to a wide mix of everyday Australians – from surfers and fitness fanatics, to busy parents, professionals and festival-goers.

PayWear Essentials, will be available early December. Find out more: www.westpac.com.au/paywear.