Wearable Tech Innovations to Support Financial Inclusion
In a groundbreaking move set to redefine accessibility in personal finance, Money Carer has announced the development of a new range of wearable payment devices, including rings, bracelets, and keyrings, designed specifically for individuals living with disabilities and vulnerabilities. This initiative reflects Money Carer’s continued commitment to making banking and payments more inclusive and user-friendly for those who need it most.
The announcement follows a major milestone for the organisation—winning the Financial Inclusion award at the Card and Payments Awards 2025. This recognition underscores Money Carer’s leadership in supporting vulnerable people across the UK and Europe through innovative, compassionate financial solutions.
For many individuals with cognitive, physical, or sensory impairments, traditional payment methods can be challenging. From remembering PIN codes to handling cards and navigating mobile apps, everyday transactions can often present unnecessary barriers. Money Carer’s new wearable payment technology aims to address these challenges head-on.
These contactless wearables are being developed with both discreet functionality and dignity in mind. Whether in the form of a sleek ring, a practical bracelet, or a portable keyring, the devices will enable users to make secure payments effortlessly, without needing to handle cash or cards. The wearables will also be compatible with the Money Carer Card, a managed account designed to support carers and deputies in administering finances safely and transparently.
“We believe financial independence should be accessible to everyone, regardless of physical or cognitive ability,” said a spokesperson for Money Carer. “By introducing wearable technology into our offering, we’re empowering people to live more independently and with greater dignity.”
In addition to functionality, safety and control remain top priorities. These wearables will integrate with Money Carer’s established systems of transaction monitoring and spending limits, ensuring that every user is protected from financial abuse or mismanagement.
With more than a decade of experience in helping vulnerable individuals and their carers manage money safely, Money Carer continues to push boundaries in inclusive banking. The launch of this wearable range is the latest example of their pioneering spirit and people-first approach.
The first devices are expected to roll out later this year, with pilot programs being planned in partnership with local authorities, support organisations, and advocacy groups throughout the UK and Europe.
In an increasingly digital world, Money Carer is making sure that no one is left behind—bringing dignity, independence, and innovation to those who need it most.
