Walletmor gets under your skin with their new payment implant

Walletmor is the world’s first globally acceptable and fully bio-secure payment implant. This seemingly futuristic payment model is available today.

How it works

The implant uses Near Field Communication (NFC) technology, which allows contactless and wireless communication technology that uses radio waves to share digital information and send it over a few centimeters. 

Speaking to their press office, they explain it as “a small device, the size of a small safety pin, half a millimeter thick, consisting of a microprocessor and a silicon envelope acting as an antenna, all enclosed in a hermetic bio-enclosure.” Implants can be placed anywhere under the skin, but the palm is the most practical. The aim would be to replace a bulky wallet and be a convenient alternative to a credit card or a device with a payment function, including a smartphone. 

“The name Walletmor (wallet+more), which means more than a wallet, stands for the idea of creating a new quality in making payments. The Walletmor payment implant provides the ultimate comfort and the highest security standards. It cannot be forgotten or lost. It will not fall out of your wallet,” explains the press office. The implant cannot be scanned or photographed like a credit or debit card to exploit data printed on it later. The implant is “literally” always at hand, allowing users to make payments even in situations where they didn’t take their wallets.

Recent news

In recent weeks, Walletmor passed a crucial milestone by acquiring a patent for their payment implant from the Polish Patent Office.

“BREAKING NEWS: Another milestone for Walletmor!”

 “We are proud to declare that the Polish Patent Office of the Republic of Poland @Urz?dPatentowyRzeczypospolitejPolskiej has just officially accepted Walletmor’s patent application for the Walletmor smart implant! Why is this so important? Polish Patent Office, through European Union and other international authorities, will support the security of our know-how for the technology used in Walletmor’s products. That is giving our company the trust that we can freely invest our time and financial resources in furthering R’n’D process for our customers’ benefit with no fear that someone can copy those solutions without our knowledge.”

“Patents are valuable assets for companies, increasing their competitiveness in the market. The Walletmor payment implant is the world’s first completely secure implant that you can use for contactless payments anywhere, anytime, which is why we want to claim the right to exclusive use.”

“We have a long process ahead of us. But again, we have a deep conviction that we will receive a positive decision, said Wojciech Paprota, Walletmor CEO. We are proud to take the next step, a milestone in our history.”

heashot of man with arms crosssed, hes wearing glasses
Wojciech Paprota, Walletmor CEO

The company started selling implants on Jan. 1, 2021, and their earliest adopters bought them just hours after the sales launch. Selling one thousand implants was another milestone they recently reached.

The Walletmor payment implant sells at the price of €$99. From September 10, the price will rise to $249.

The orgin of Walletmor

Paprota, CEO of Walletmor, got the idea for the payment implant while he was reading a science fiction book. “There was a theme of implants in the book – one of the characters used such a solution to open the door to his flat,” the press office explains. Inspired, he contacted people in the US who undertook to design and manufacture such a device. The work from the idea to creating a finished, working layout took them 20 months. 

“The steps we take today define our future, which is inextricably linked to innovative technology slowly becoming our daily reality. We saw that to move forward and continue to develop. We need to live in symbiosis with technology. For this reason, the future idea of a complete solution has appeared in our heads— to replace the bulky wallet with one small, fully secure implant, with a proximity payment function, combined with a full-fledged individual account, allowing you to store money in different currencies and pay with a wave of your hand.”

How it works

The Walletmor implant comes in a secure package with a certified disinfectant liquid. The chip is in a hermetically sealed pouch with the liquid chlorhexidine, commonly used during surgical procedures as an antiseptic and bactericide. The biopolymer outer layer of the implant is also hermetically sealed. Once the implant is delivered, the installer can begin the implant procedure immediately after unpacking.

A doctor or a professional body modifier can do the implantation procedure. They recommend that the person performing the procedure reads the professional instructions they have prepared, regardless of their profession.

According to their press team, “the implantation of the Walletmor implant is such a simple procedure that it can theoretically be done by yourself at home, using the kit provided with the implant.”

However, due to sanitary standards and the fact that there is contact with the skin tissue during the installation, it is recommended to install it in recommended medical facilities, aesthetic medicine clinics, and body modification studios.

 A list of facilities can be found at www.walletmor.com.  

The procedure itself takes about 15 minutes. A minimal skin incision is required to implant the microchip, where they recommend a local anesthesia. The implant is effective immediately after implantation, and it usually takes up to four weeks for the wound from the small incision on the skin to heal.

The need for Walletmor

The main focus that Walletmor focuses on is the growing concern for theft. According to the team, citizens are concerned about stealing wallets and payment cards.  

However, it should be noted that in the UK, theft has been decreasing in recent years.

The Telephone-operated Crime Survey estimated 3 million incidents of theft for England and Wales (TCSEW) for the year ending September 2021. This was an 18% decrease compared with the year ending September 2019. This significant fall was seen across most sub-categories, with the largest fall of 53% seen in the “theft from the person” offense, followed by a 26% decrease in vehicle-related offenses and a 23% decrease in bicycle theft offenses, according to the Office of National Statistics.

Fraud, on the other hand, follows a different pattern. Action Fraud (the public-facing national fraud and cybercrime reporting center) reported a 27% rise in fraud offenses (to 413,417 crimes) compared with the year ending September 2020. The data showed a 42% increase in “financial investment fraud” offenses in the last year (from 15,702 to 22,372 crimes). There was a 53% increase in remote banking fraud (to 94,757 incidents), which reflects the greater number of people now regularly using the internet, telephone, and mobile banking, and the attempts by fraudsters to take advantage of this.

“The Walletmor payment implant is, therefore, a recipe for these problems – it cannot be lost, no one can steal it, and the encoded data cannot be copied or installed on another device.,” their press office points out. 

“The Walletmor payment implant provides the highest level of convenience and security. It cannot be forgotten or lost. It will not fall out of your wallet. The implant cannot be scanned or photographed like a credit or debit card for later use of the data printed on it. “


Increasingly, society is cashless, which is another use case. According to UK Finance, during 2020, the number of contactless payments made in the UK increased by 12%to 9.6 billion. Over a quarter (27%) of all UK payments were contactless payments. 83% of people in the UK now use contactless, with no age group or region falling below 75% usage. There are over 135 million contactless cards in circulation, covering 88%of debit cards and 81%of credit cards.

Given that Walletmor is an implant, it is positioning itself as the next step in this cashless trajectory. 

“The implant is (almost literally) always at hand, allowing us to make payments even in situations where we have not taken our wallet with us. The NFC-based operation of the implant does not require its power source (battery). It does not generate any waves on its own and only activates during a contactless payment when an authorized payment terminal comes very close to it.”


Community reaction  

According to the team, Walletmor users give positive feedback on their payment implants.

“People who use this payment method appreciate its uniqueness, high security, and convenience. They often share their insights in online forums and social media,” their press office remarks. 

“After the first wave of public interest, serious investors and the banking sector started to ask about the implant. In 2021, more than 1,500 articles and interviews appeared about the company worldwide, and Walletmor’s CEO was a guest on major TV stations in Poland and abroad. Negative comments directed at Walletmor are usually related to conspiracy theories and are grotesque. They do not question the implant’s quality or safety and security standards.”

Long-term goals of Walletmor

This year is the brand’s second of operation. Their sales are concentrated in Europe and the United States. However, this year’s expansion plans concern Middle Eastern countries. In addition, Walletmor is actively participating in the Dubai Expo and fruitful discussions with countries in the Gulf area.

They also want to reduce the size of the implant so that it can be inserted under the skin by injection, and they plan to create a platform where users can manage their accounts and transfers.

“On top of this, we want to enable additional functions. For example, we want it to work with electronic locks in homes and hotel room cards, we want to be able to encode public transport tickets on it, and we want to be able to enter data from our business cards onto it,” the press office adds. 

They are also working on new features in the medical industry and already working with research units on the possibility of implanting medical data on allergens and diseases.

“One of such possibilities could be the storage of a patient’s medical data. Imagine that you can allow your doctor (after your apparent approval) a full insight into your disease track, allergies, and history of stays at your local hospital. Such possibilities are available thanks to NFC or Radio-frequency identification (RFID) technology,” the press office adds.

Walletmor employs seven permanent employees and a dozen project-based collaborators.

  • Helen Femi Williams

    Helen Femi Williams is a freelance journalist and podcaster interested in fintech, politics, economics, and their intersections. She is the host of the letsgetlitical podcast, a fortnightly show interviewing guests from all different sides of the political spectrum, in partnership with the Mozilla Foundation. Prior to this role, she worked as an innovation consultant developing insurtech and fintech products and ideas for brands, startups, and major corporations. She studied International Relations at the University of Nottingham (UK and Malaysia).