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Now, GPS enabled leather wallets to cut risk of theft

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ANI New York

A new leather wallet equipped with GPS technology and RFID-blocking material has been launched by a 20-year-old entrepreneur from New Jersey.

The Royce Freedom Wallet, available for both men and women for 99 dollars, links to an app on your smart-phone and updates you about the location of the wallet in case it's stolen or lost, New York Daily News reported.

In case of theft, the wallet sounds an alarm and is even fitted with a Radio Frequency Identification-blocking material which makes it safe from thieves who use scanners to swipe your credit card or social security numbers.

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First Published: Nov 27 2013 | 11:06 AM IST

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