A post relating to this item from Finextra:
09 September 2008 | 18669 views | 0
Plastic cards could be set to go the way of cheques and become virtually obsolete as customers take up mobile and biometric systems to pay for purchases, according to Barclaycard which is ramping up i...
Antony Jenkins, CEO of Barclaycard says contactless chips have huge untapped capability, but the plastic around the chip limits its potential.
"Take the plastic away and the possibilities are endless, allowing the customer to pay by using something that they are already carrying, be it a mobile, key fob or even via biometrics," he says.
For an idea of how this might work in action, check out this
YouTube video which shows how to remove the chip from an Oyster travel card and then re-attach it to anything you want - in this case a wristband.