Barclaycard is moving beyond credit cards and smartphone payments to trial electronic gloves that allow customers to pay for their goods with a wave of the hand.
The wearable technology, in which there is an electronic chip built that links to the user’s bank account, claims to remove the need to put down bags or search through wallets in order to pay for goods.
And Barclaycard is currently trialling the prototype woollen gloves with the aim of making the gadget available to customers later next year.
In a similar way to contactless cards, the technology would only permit smaller payments of up to £20 without having to enter a PIN number.
The touch and pay gloves merges two major areas in technology – financial and electronic.
Wearable technology is widely touted to become the next big trend in electronics.