This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties. Members and Law enforcement use only. Contact us for any permissions. To do otherwise will result in the loss of membership.
Complete Story
07/15/2024
The Cyborg Shopper: Is It the Future or Just a Blip?
PYMNTS
As a fringe group of consumers gets microchips implanted in their hands to make payments without using any external devices, time will prove whether these shoppers are early adopters or simply eccentrics.
A TikTok video from last year with more than 10 million views, by a user who fittingly goes by @paybyhand on the platform, appears to show the user completing a payment at a fried chicken restaurant using a chip implanted in his hand, much to the confusion and amusement of the server working behind the counter.
Pay-by-hand capabilities are becoming available, as an extension of the contactless payment systems already prevalent with credit cards and smartphones, with provider Walletmor asserting the convenience and futuristic appeal of these implants.
The Guinness World Record holder for the greatest number of technological implants in the body is California-based magician Anastasia Synn, who as of November 2023 had 52 implants. Half of these implants are microchips, which Synn says are shallowly implanted for easier removal.
Alerts
The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.
more information
Resources
Your electronic library to help in fighting financial fraud for all of our partners.
more information