I'm aware of the facts that it is a pilot project so far, but considering the speed with which modern technologies come tearing into our world, it's not gonna take them long to actually start mass production of the technology in question. My bet is five years.
I'm also aware of that. But, again, using your body as a payment means is a common thing for both, so fingerprints are the first step. Then they are gonna tell you that one can't store and use all the necessary information via fingerprint technology and ask you if you would like to get rid of any troubles accompanying carrying objects representing money outside your body? Guess what they would offer if you answer yes.
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