Easy Chip cv is a company that by order of the Dutch banks developed the Chipknip.   With this Chipknip, mostly integrated in the bankcard, it's possible to do small   payments. At the moment it's only possible to charge the Chipknip with money at the   bank and pay with it in for example shops. With the above presented product it is   possible to exchange money with other people like you do with cash money. The   Chipwallet is equipped with a technical part that can transfer money from one      bankcard to the other. The owner can charge the Chipknip at home. There is also a   compartment for other cards and cash money (see also www.industrialdesign.nl ).