Video: Japanese Company Offers E-Money Wristband

Serkan Toto

Dr. Serkan Toto is an independent consultant and advisor focusing on Japan’s web, mobile and social gaming industries. Based in Tokyo, he works together with financial institutions and startups worldwide. Serkan has been the Japan contributor for TechCrunch.com since 2008. He is sept-lingual, holds an MBA and is a PhD in economics. → Learn More

Thursday, November 11th, 2010

Have you ever wanted to do some shopping when you were out jogging or taking the dog for walk – without the hassle of carrying small change? That’s the problem a Japanese company called Hashy Top-In is trying to solve with the “E-Money Band” [JP], a silicon wristband that can be charged with electronic money.

According to Hashy Top-In, buyers can load up to $600 into the wristband by using chargers at Japanese convenience stores and other places. To pay, users just need to tap the wristband’s center piece against a compatible reader installed in convenience stores, department stores or vending machines.

Hashy Top-In’s wristband supports an e-money system called Edy (Edy readers are installed in thousands of shops all over Japan). One wristband costs $36.

Here’s a quick promo video (in Japanese):

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