Tailor M.J. Bale has partnered with Heritage Bank and Visa, to create a suit with a contactless payment chip and antenna fused into the sleeve, giving men the ability to pay for anything with the effortless swagger of a celebrity, tycoon or double agent.
The M.J. Bale Power Suit allows men to pay „invisibly” with just a wave of their sleeve in bars, restaurants, or anywhere Visa payWave is accepted. The contactless technology embedded in the suit is linked to an online Heritage Bank Prepaid account, allowing the wearer to check the balance and top up their suit on-the-go.
“Have you ever seen Bono, Obama or Bond pay for anything with a wallet? No. There’s a reason for that. The most powerful men in the world don’t need to carry a wallet,” Dave Bowman, executive creative director Whybin\TBWA Group Sydney told Mumbrella. “And now, thanks to Heritage Bank and Visa nor does anyone with an M.J.Bale power suit.”
The Power Suit consists of a contactless chip and antenna in the sleeve. It is made of Superfine Australian Merino Wool. Users can make payments by passing their sleeve over a contactless payment terminal wherever they accept Visa PayWave.
http://www.youtube.com/watch?v=1xtXy9RXtvg&feature=player_detailpage&width=500&height=350
They can also top up their suit instantly with the help of a linked Heritage Bank account. This can be accessed with the mobile app or online.
12 prototype Power Suits have been built, 11 sending to customers and putting one on eBay for auction. The proceeds will go to the charity that supports children with Autism Spectrum Disorders – 4 ASD Kids. At the time of publication, the auction it has attracted 23 bids, hitting AU $455.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below: