It joins the growing tanks of different types of contactless-enabled devices, which already include bracelets, key fobs and more.
The Von Moos Smart Pen features an integrated chip that enables users to tokenise a payment card through Fidesmo Pay and use the pen at any terminal that supports Mastercard contactless payments.
"Von Moos approached us a while ago and asked if we could make a contactless payment pen possible. It was a yes." said Fidesmo's Head of Sales, Ulrich Dreefs. "There are gimmicks out there with a chip in them which you can programme, but not something which is a security product with certification requirements etc. The pen by Von Moos is unusual and more of a luxury product."