SwitchBot launches Wallet Finder to help iPhone users track lost wallets

The SwitchBot Wallet Finder is a new accessory designed to help track wallets using the iPhone's Find My app. Unlike larger devices like AirTags, it has a slim, credit-card shape that fits easily in wallets. It connects via Bluetooth and features a speaker to help locate lost wallets. Setup is straightforward, requiring only the Find My app. Users can name the device and track its location through nearby Apple devices. The Wallet Finder does not have GPS but uses Bluetooth signals to communicate its location securely. While it lacks the Precision Finding feature of AirTags, the Wallet Finder's speaker can emit a sound to help locate it. It is not intended for theft tracking and has safety features to alert nearby iPhones if separated from its owner. The device is designed for about three years of use, after which it must be replaced.