Is it retail therapy gone mad? The dawn of a new cyborg age? Or a new meaning to going down under?
Whatever the case, a fair proportion of Australians are receptive to technology mixing with their precious human organic flesh, if it means making payments at retail stores is easier.
A survey, commissioned by global payments firm Visa, found 25 per cent of Australians were “slightly interested” in having a commerce-oriented chip implanted in their skin. Research firm UMR conducted the survey for Visa, interviewing 1000 local consumers.
A subcutaneous chip would let consumers pay at a retail terminal without a wallet, credit card, smartphone or smartwatch. They would simply wave their bare hand over a terminal.