Our Cool Payment Wearable Solutions
The Touch Account from Money Carer brings payment wearables into a wider, purpose-built banking solution.
Developed from extensive frontline experience and powered by the Monika platform — used by over 300 law firms, local authorities and care providers — the Touch Account combines secure banking with accessible payment technology.
As a Mastercard OEM-authorised provider, Money Carer ensures that the Touch Account and its wearable payment solutions are built on globally recognised, secure and scalable payment infrastructure.
With a simple tap, users can make payments without needing to carry a card, remember a PIN, or rely on a smartphone. This reduces reliance on others while supporting greater independence.
Why payment wearables matter
While digital payments have improved convenience for many, they can also create new forms of exclusion.
Many individuals:
- Struggle with PIN recall or complex interfaces
- Experience difficulty using chip-and-PIN machines
- Face barriers due to cognitive or physical challenges
With over 10 million people in the UK considered financially vulnerable, there is a clear need for more inclusive solutions.
Payment wearables help bridge this gap.
Supporting independence through design
Payment wearables are particularly valuable for people who:
- Experience memory challenges
- Have limited dexterity or mobility
- Do not use smartphones
- Prefer simple, consistent ways to pay
By enabling transactions through a single tap, they support individuals to manage payments themselves — reducing dependence on others.
This reflects the principles of the Mental Capacity Act (2005) and the UN Convention on the Rights of Persons with Disabilities (CRPD), supporting a shift from substituted decision-making towards supported decision-making in financial matters.
Security and peace of mind
Security is built into every transaction.
Payment wearables:
- Use tokenisation to protect card details
- Can be quickly paused or deactivated if lost
- Remove the need to share PINs with carers or family members
This is particularly important in reducing the risk of financial abuse while maintaining independence.
Designed for everyday life
Payment wearables are designed to fit seamlessly into daily routines.
They are:
- Simple — no PINs or phones required
- Durable — suitable for everyday wear
- Discreet — with no visible financial data
- Reliable — always accessible when needed
From everyday shopping to travel, they provide a straightforward way to pay.
Financial inclusion in practice
As banking continues to evolve, accessibility must keep pace.
The strong interest shown at NAIDEX 2026 demonstrates a growing demand for solutions that genuinely meet the needs of people with support requirements. Payment wearables, as part of the Touch Account, represent a practical step towards more inclusive financial services — enabling people to manage their money safely, confidently and on their own terms. ensure that people of all abilities can take part in everyday transactions safely and confidently.