Dynamical launches Paymo: First Fully Digital Wallet

Paymo is a 4G smart wallet

7,489

Dynamical today launched Paymo, the first fully digital wallet. The Paymo 4G Smart Wallet is a digital wallet that lets you go completely digital with your money! A dedicated mobile device to securely manage all of your financial transactions, credit/ debit cards, travel, loyalty and access.

A universal smart wallet for secure transactions with contactless Mastercard, Visa, Amex, Google Pay and QR code-based payment, such as WeChat Pay and AliPay. 4G and WiFi connectivity to online banking and receipt scanning services with over 30 days of battery life.

Paymo 4G Smart Wallet is equipped with an NFC chip for making  contactless payments, for travel and secure access. You can store travel and loyalty cards in one place – including Oyster (London), Suica (Japan) and Octopus (Hong Kong).

The wallet also has a camera enabling the scanning of QR codes for services such as WeChat Pay and AliPay. It will connect to online services and will be trackable if lost.  The battery will last a month without recharging.

Paymo allows you to securely store and use credit cards and debit cards onto its secure NFC chip. You can easily add on your Visa,  MasterCard, Amex and other cards. You can also store your loyalty cards  and tickets for travel and events. The Paymo is also used for secure access to smart lock-enabled homes, hotel rooms or cars.

You can add on your transport cards to your Paymo, such as Suica in Japan, Oyster in London, and Octopus in Hong Kong.

Chairman of Dynamical, Janko Mrsic Flogel comments:

“With Paymo we are helping users go completely digital with their money, wherever they are in the world. Paymo covers not only credit and debit cards but also travel cards and loyalty cards – all on one 4G enabled device. Users can even add a merchant account and simply tap to take or receive money.”

Key features of Paymo include:

  • 4G/Wi-Fi for global connectivity
  • Credit card sized and weight of 100 grams
  • 30-day battery life
  • Android OS
  • One click action keys for payment, transfer and balance
  • Receipt scanning and Alipay/WeChat Pay enabled 8-megapixel camera
  • Fingerprint scanner for security

paymo - Paymo 4G Wallets - Dynamical launches Paymo: First Fully Digital WalletThe Paymo also doubles up as a mini smartphone if needed. It runs the popular Android operating system allowing you to pay using G Pay and also run your favourite financial and receipt scanning apps on this compact devices. You can easily switch between wallet mode and phone mode, as desired.

Sebastian Ng Lei, the designer of Paymo, comments:

“Paymo means people can access all of their financial and other cards in one secure digital device. Paymo brings the wallet into the 21st Century and enables users to have a dedicated device with a long battery life to make payments anywhere in the world.”

Paymo is currently fundraising on Indiegogo here.

Rapid Mobile uses cookies, tokens, and other third party scripts to recognise visitors of our sites and services, remember your settings and privacy choices, and - depending on your settings and privacy choices - enable us and some key partners to collect information about you so that we can improve our services and deliver relevant ads.

 

By continuing to use our site or clicking Agree, you agree that Rapid Mobile and our key partners may collect data and use cookies for personalised ads and other purposes, as described more fully in our privacy policy.

 

You can change your settings at any time by clicking Manage Settings or by visiting our Privacy Centre for more detailed information.

 

Privacy Settings saved!
Cookie Services

When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.

These cookies are necessary for the website to function and enable essential services and functonality, including identify verification, service continuity and site security. Opt out is not availabe.

Essential Session management cookies for logged in users
  • wordpress_test_cookie
  • wordpress_logged_in_
  • wordpress_sec

For perfomance reasons we use Cloudflare as a CDN network. This saves a cookie "__cfduid" to apply security settings on a per-client basis. This cookie is strictly necessary for Cloudflare's security features and cannot be turned off.
  • __cfduid

Used by Spamshield to stop spam signups
  • _wpss_h_
  • _wpss_p_

NewsWire Service
  • BIGipServerwidget2_www_http

Decline all Services
Accept all Services