SmartWallit is a Bluetooth 4.0 appcessory, with a name-card-holder-shaped device and an app, that connects your smartphone and wallet. It can keep records of your payment history, and keeps your wallet and phone within reach. When you open your wallet and make a payment, the app installed in your phone will record the action and  provides statistics after you input additional information of daily payments. When you leave your phone behind the  the device in wallet will beep, and vice versa. It also can vibrate at intervals to remind you that the phone is safe in your pocket.

You can check out the demo video on its Kickstarter page to get a full understanding of the functions or support them.

The company plans to finish the software development in June and ship the hardware in July. The app will only run on iOS devices that support Bluetooth 4.0 then, and Android users have to wait till the end of this year. The device is powered by a rechargeable lithium-ion polymer battery.

SmartWallit Inc. makes wireless accessories that leverage Bluetooth, NFC and WiFi technologies. Before SmartWallit the team developed an anti-lost device with Bluetooth 2.1. Later they shifted focus onto Bluetooth 4.0 — the latest that covers a broader range and more energy-efficient. Their future products will also leverage WiFi or NFC.

Founded in the U.S., SmartWallit team is now based in Shanghai, China, with a team composed of Americans and Chinese.

Tracey Xiang is Beijing, China-based tech writer. Reach her at traceyxiang@gmail.com

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