We hear a lot about innovative and sometimes crazy payment systems these days. The idea of a suit featuring a contactless payment chip in the sleeve is not that crazy. Developed by Australian menswear label M.J. Bale, the Power Suit features a contactless chip and antenna in the sleeve. Wearers can pay for transactions wherever Visa PayWave is accepted. The idea certainly sounds interesting, but we have to wonder how payment security is handled.
[via CNET]