Walletmor - some questions

I am Italian but I don’t understand if this system can work in Italy for me and the payments

Hey there, I am assuming you have seen this post?

Will the Walletmor payment implant work with my bank?

For details on which banks the Walletmor payment implant works with and how to link it, check out walletmor.com/page/faq or send a message to hello@walletmor.com


Walletmor is based in Poland :poland:
However Italy :it: is included on the list.
To me, it looks like all you have to do is:-

Contact - Get account - Get implant - Get paying with your hand :raised_hand: :credit_card:

If you are unsure, I think your best bet is to contact Walletmor directly. via the contact details above.

Alternatively, They have a contact page with other options and some social media links at the bottom.

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Yes I have already contacted wallet more today, but I am not convinced that I have to open a new bank account, so I cannot use the account I already have

I will be waiting for more detailed information from @amal

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What list? I see no list of banks ot countries on that page. Just generic information and some marketing rah-rah.

Oh hehe ok, you inferred it from that sentence. The way you said it, I thought there was an actual list on their site.

Yeah, well, you know, its the Internet, if it doesnt exist, just make shit up.
People will believe anything if it’s on the interwebs…:wink:

I assume the economic part has something to do with banking through the EU, plus that’s the link Amal provided. :earth_africa:
So yes, you are correct, inferred list, rather than actual list :+1:

Walletmor still have a few holes to fill in their web presence.

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That’s the understatement of the week :slight_smile: So many pages, so little content.

I expect it’ll be completed with actual, useful information and less boilerplate marketing stuff after Jan 1st.

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Dev is correct…

Yes this will be chlorhexidine sanitation, not clinical sterilization.

In theory Italy is part of the EEA

So the question comes down to which exact banks will be supported at launch, and this is a question for Wojtek. I have asked him to update the walletmor.com/page/faq page with this information… it should be updated soon.

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Then please, for heaven’s sake, get the part in the FAQ removed where it clearly states that the implant is completely sterile! This is just calling out for trouble…
And I think, this implant might be very important for the future of payment implants, because it’s kinda the first one that might gain a lot of publicity - if it goes wrong because of such claims, it might have a serious impact on plans to follow…

Also… since there is a bigger (?) and at least more “mainstreamy-looking” company behind that (compared to the risk-aware and experimental DT stuff), wouldn’t it be a good idea to get those implants properly sterilized? I’m really baffled that those hair transplantation surgeons agreed to implant non-sterile stuff… I mean, my bodmod artist did, because I clearly told him I knew about the risks and was willing to take them (and he knew me well enough to take that serious), but since the homepage of Walletmore is clearly directed at non-bodmod-people who will definitely not be aware of all possible risks… I think it is dangerous. Not in a good way :wink:

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I don’t think you have to open a new Bank Account. I contacted Walletmor and they said you will link it to an iCard Account. So if I understand it correctly, Walletmor is essentially like the Payment conversion where you choose a laks keyfob and link it to an iCard Account. With the benefit that the minimum expiry date is 3 years (according to walletmor support). Whereas with the laks-iCard conversion the expiry date is 2 years (according to both laks and iCard support)

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Since it will be linked to an iCard account (according to the information I recieved) and one can make an italian iCard account I would assume it will work

Yes, I understood this too, but I would like to know after the expiry of the card, if it is necessary to change the system or it can be associated again without replacing it

Wasn’t iCard promising longer expiry dates? I’d rather have a 9yr PAY.

Before knowing of Walletmor I contacted iCard and asked if one would have to replace the laks keyfob entirely, and they said yes. So if it works the same ways you would have to take out the chip after the expiry date, I assume…

Somewhere on this forum, I have read this too but I contacted iCard and Laks (who manufacture the chips for them) and they said that it is only two years…

In reading Amals post, it reads to me like he is the backend of this.

I guess the way I am looking at it is, Amal makes the things, walletmore sells them.

You should email them if there are issues. I agree the wording sucks.

I have only one question regarding the Walletmor implant, and it’s a simple one:

Is it a conversion?

It’s not just curiosity. It matters for the following reason:

Given that Amal has explained quite clearly how EMV wants nothing to do with implants, have very strict rules that applicants must follow to be allowed onto their network, and will revoke access to the network to those who try to subvert those rules in a hearbeat, Walletmor must logically fall in one of the following four categories:

  • They sell converted chips: they bought a bunch of different third-party contactless payment tokens, found out which had a chip compatible with the narrow Flex antenna, and uses those to create “perfect” conversions. Or rather, Amal did and does on their behalf.

    That would be the best realistic scenario: not much EMV can do about it, provided the maker of the original payment token isn’t aware of what’s going on with their tokens and doesn’t consent explicitely to the conversion, lest they themselves get striken off the EMV network.

    With one caveat however: when Amal converts a payment token, he sells a service. When Walletmor sells a converted chip, they sell a product. I can very well see EMV buy one, see who it belongs to, and tell that company to never sell a single payment token to Walletmor ever again or else. Walletmor runs out of chips to convert, goes tits ups, and the implantees are left with no customer support.

  • They somehow found a way to get EMV to allow them on their network, but they’re selling implants without telling them, hush-hush-like. That’s the worst case scenario: EMV will soon find out and strike them off the network, and all their existing customers with them. Not good.

  • They found a loophole in Polish law that lets them force EMV to allow them on the network in full knowledge of what they sells. That’d be good in the short term, but not a very healthy business model: they’d essentially be flipping a huge bird at EMV, which no doubt would look at plugging the loophole any way possible as soon as possible. Since EMV probably has the meant to buy as many Polish powers-that-be as they want, it’d only be a matter of time before Walletmor’s business model collapses.

  • Walletmor managed to convince EMV to allow implants on the network: I highly doubt it. Amal’s tried it for years unsuccessfully, and is still trying as far as I know.

So which is it?

I’m tempted to get their payment chip when it comes out. I’ve come to realize the narrow Flex format is a good compromise for a chip with a 3 or 4 year expiry period: it’s not too complicated or painful to install or remove, so I’m coming around to that concept.

But I sure ain’t implanting it if Walletmor’s business model is dodgy and puts my ability to use my Walletmor implant or get support from Walletmor in jeopardy. The above reflexion is cause for concern.

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It’s an iCard conversion. Afaik.

Ah yes, thanks. I see this has been discussed 2 hours ago. Thing is, the questions I had occurred to me in the bike, on my way back from work. I just arrived home and posted it all without reading up. So much for me :slight_smile:

It leaves the question of Walletmor being at the mercy of EMV twisting iCard’s arm into not servicing them - or iCard preemptively deciding to stop supplying Walletmor themselves, just in case.