INAMO Spearheads American Contactless Payment Methods
FinTech startup company INAMO creates a selection of wearable technology that offers functional EMC-enabled contactless payment methods. Founder Peter Colbert is an active surfer and a skilled software engineer who came up with this idea when he forgot his wallet at a coffee shop.
INAMO's CURL wearable is a wristwatch and it incorporates a passive micro-card into a piece's silicone wristband. The waterproof band can then be used as a debit card to have funds loaded and reloaded with any accounts that are functional with ApplePay and GooglePay. The INAMO wearable pieces are developed specifically for those who live an active lifestyle -- it aims to fuse other daily elements such as shopping to that it all functions together seamlessly.
INAMO's CURL wearable is a wristwatch and it incorporates a passive micro-card into a piece's silicone wristband. The waterproof band can then be used as a debit card to have funds loaded and reloaded with any accounts that are functional with ApplePay and GooglePay. The INAMO wearable pieces are developed specifically for those who live an active lifestyle -- it aims to fuse other daily elements such as shopping to that it all functions together seamlessly.
Trend Themes
1. Functional Wearable Technology - Developing wearable devices that offer convenient and secure payment methods opens the door for further integration of technology into everyday accessories.
2. Contactless Payment Solutions - The rise of contactless payment methods, like the micro-card technology presented by INAMO, presents opportunities for businesses to enhance customer convenience and streamline transactions.
3. Active Lifestyle Integration - Creating wearable devices specifically designed for active individuals allows for seamless integration of various daily activities, such as shopping, into one functional accessory.
Industry Implications
1. Fintech - Innovations in wearable payment technology present disruptive opportunities for FinTech companies to revolutionize the way people manage and make transactions with their financial accounts.
2. Fashion and Accessories - The fusion of functional technology with fashion and accessories offers new disruptive innovation opportunities for companies in this industry to cater to tech-savvy consumers.
3. Retail and E-commerce - The integration of contactless payment solutions into wearable devices opens up disruptive innovation opportunities for retailers and e-commerce platforms to enhance customer experiences and streamline transactions.
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