The payments world has changed a great deal over the years. It is therefore not surprising to see the accolades for products and technologies in the sector that are still able to provide a unique experience despite the growth and increased maturity of the sector. This piece takes a look at some of the gadgets that are truly innovative.

PureWrist

This is a wearable payment bracelet that contains a Prepaid Card which allows contactless payment. As you can expect, it has all the standard additions that make contactless payments safe.  Funds are loaded gradually by the user and there is an online portal for managing payments and viewing past transaction history.  Some users expect PureWrist to come up with a solution that will allow payments online with the bracelet in a way other payment solutions like PayPal have done. PayPal is everywhere today, which means you can easily find casino sites that accept PayPal. Some of these are on paypal-casinos.co for example  As PureWrist grows, they could reach that stage. Watch this space.

PaperLike

With PaperLike, you have an exclusive smart and secure social payment service that make sure “Likes” are not just graphical buttons pressed in gratitude. It ensures people can also show their likeness in a better way, which is sending funds towards the cause or project they liked.  The platform allows users to get funds from anyone across the globe. The project is still in development. It is therefore unclear how they intend to integrate the solution with the already existing social media platforms.

Kerv

This is the first contactless payment ring. It allows you to pay with just a single gesture at any portals where contactless payments are accepted. You no longer have to load your pocket with cards and you don’t have to remember PIN or bank account details and you don’t have to take out your smartphone to make any payments.  Kerv is waterproof and comes in a variety of sizes.

RumbaTime

This payment solution is a combination of a cashless payment chip and medical ID on the same wearable device. Undoubtedly designed with convenience and accessibility in mind, most people will see the need to wear one of these!

Loop

Loop is another solution that seeks to consolidate all your cards into one device.  Using it, you will be able to pay for goods and services at nearly all retailers around the globe.  This is definitely one to keep an eye on.

Poynt

Poynt is a smart future-proof payment terminal that has support for traditional cards, chip & PIN cards, NFC linked payment systems, QR Code and Beacon. It is a solution that has support for all 5 payment technologies that will be in use over the next decade.

One thing is certain from all of these latest technologies. The future of payments shows that the days of payment with notes are long gone.