Sydney startup Inamo has developed the Curl, a wearable, waterproof device containing a prepaid NFC chip that can bring contactless payments to any regular watch or fitness band. You can wear it in the surf or pool, because it has a waterproof rubber case, that is easy attachable to any item like watch, fitness tracker or keyrings.
The wearable acts like a prepaid debit card, that is topped through an app or online account. To make a payment with the Curl, the user holds it over the top of a machine that accepts VISA Paywave for an instant transaction. There is an option to require a PIN for purchases over $100.
Lost or stolen Curls can be locked or canceled. The account can also be used to make secure purchases online with unlimited transactions and deposits. This is a solution for active people who just want to enjoy the outdoors and not carry their wallet.