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WaveShades and pay - the latest in contactless wearables

01 February 2017  |  10067 views  |  7 Contactless shades

Music lovers too wired to reach for their wallets at upcoming Laneway Festival events in five Australian cities will be able to make payments by simply tapping their sunglasses at the checkout.

The prototype shades being trialed by Visa can make contactless payments thanks to a secure payment chip, supplied by local startup Inamo, in the arm of the accessory.



The WaveShades utilise the same payments platform previously developed for the Inamo Curl, which was launched in December 2016 by local surfer dude Peter Colbert. The Curl is a multi-functional, waterproof wearable that can be attached to most watch bands and fitness bands.

At Laneways, Oberthur Technology is ensuring the integrity of payments for the contactless sunnies, while Heritage Bank acts as the Authorised Deposit-taking Institution (ADI).

Frederique Covington, SVP of marketing for Asia Pacific at Visa says: "The financial services environment is evolving at an unprecedented pace, which is exemplified by consumers’ changing relationship with payments. The Visa WaveShades pilot is all about showing Australians that innovation in how we pay can make their lives simpler and everyday experiences seamless and rewarding.”

Comments: (7)

A Finextra member
A Finextra member 01 February, 2017, 12:22

They haven't been to the likes of Glastonbury... Where even wristbands get lost (or "lost").

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Mark Anderson
Mark Anderson - BioTechnologies - Sydney 01 February, 2017, 12:39

Just outright DUMB !

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Peter Colbert
Peter Colbert - Inamo - Sydney 01 February, 2017, 15:52 Been to Glastonbury.. can remember bits! The pilot is a bit of fun but reaction from punters was surprisingly positive for that reason.
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Ben Davies
Ben Davies - Cubic Transportation Systems - Sydney 01 February, 2017, 23:33

I have never lost a payment card.

I have, however, lost every single pair of sunglasses I have ever owned.

1 thumb up! 1 thumb up!
Peter Colbert
Peter Colbert - Inamo - Sydney 01 February, 2017, 23:39

Guys, it's a bit of fun and as stated in the press release, it's a 'prototype'... no mention of ever releasing them to the public... as for losing cards, I can tell you from registering punters aged 18+, they lose everything but their phone.... 

1 thumb up! 1 thumb up!
Ben Davies
Ben Davies - Cubic Transportation Systems - Sydney 01 February, 2017, 23:45

I can certainly believe that!

So, this is prepaid debit, with standard card scheme protection for lost/stolen & fraud liability? Are there transaction value limits?

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Peter Colbert
Peter Colbert - Inamo - Sydney 01 February, 2017, 23:48

Yes, has the usual $100 limit but our platform gives you a PIN so you can go over that limit.

1 thumb up! 1 thumb up!
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