VITAband, announced this week, is the new idea from US Bank. The lightweight wristband will not only be able to make contactless payments but will also contain emergency medical and contact information. Customers can preload the device's chip with funds by using an online account. Beth Blaisdell, senior vice president for US Bank Payment Services, said:
"VITAband is great for sports enthusiasts or people who are on-the-go and don't want the hassle of carrying cash and identification. It provides contactless payment functionality, along with access to emergency contact and medical information, all in one convenient wristband,"
The device, which uses MasterCard's PayPass technology, was trialled by US Bank staff earlier in the year. To develop the wristband, US bank worked in conjunction with MasterCard Worldwide, Vita Products, Oberthur Technologies and FIS.
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