Tech company will implant payment chip into your hand

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This chip is about the size of a grain of rice and costs about $300.

- Instead of carrying your wallet in your back pocket or purse, a tech company wants you to carry it under your skin.This chip is about the size of a grain of rice, costs about $300 and does not come inside a credit card. Instead, it must be implanted in your body, preferably in your hand.

Once you activate it using a digital wallet app, Walletmor says you will be able to make purchases at most businesses around the world just by swiping your hand over a card reader.Right now, the chips are only being sold to citizens of the United Kingdom, Switzerland and countries in the European Union.Walletmor suggests using a surgeon or one of its trusted specialists for the minor operation, but once the implant goes in, there are no refunds.

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